MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification
New Delhi, the 16th September, 2016
INCOME-TAX
S.O. 2979(E).—In exercise of the powers conferred by section 295 read with sub-section (4) of section 115UA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:—
1. (1) These rules may be called the Income-tax (22nd Amendment) Rules, 2016.
(2) They shall be deemed to have come into force from the 1st day of April, 2016.
2. In the Income-tax Rules, 1962, in the Appendix II,-
(i) in Form 64A, for items 8 to 15, following items shall be substituted, namely:-
“8. Aggregate income of the Business trust from all sources (9+11+13+15)
9. Income by way of interest referred to in section 10 (23FC)
10. Proportion of 9 to 8
11. Income by way of renting or leasing or letting referred to in section 10(23FCA)
12. Proportion of 11 to 8
13. Income by way of Dividend referred to in section 115-O
14. Proportion of 13 to 8
15. Income other than that referred to in 9, 11 and 13
16. Proportion of 15 to 8
17. Details of persons being unit holders, referred to in sub-section (1) of section 11 5UA to whom the income is distributed, in the following format:-
| S. | Name(s) | Address(es) | PAN | Total | Amount of | Amount of | Amount of | Amount |
| No. | amount | income in | income in | income in | of other | |||
| distributed | the nature of interest referred to in section 10(23FC) | the nature of renting or leasing or letting referred to in section |
the nature of Dividend referred to in section 115-O |
income [Column 5 × Sl. No.16] | ||||
| [Column 5 | 10(23FCA) | [Column 5 × | ||||||
| × Sl. | [Column 5 × Sl. | Sl. | ||||||
| No.10] | No.12] | No.14] | ||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9”; |
(ii) in Form 64B, for item 7, following item shall be substituted, namely:-
“7. Details of the income distributed by the business trust to the unit holder, during the previous year, in the following format:-
| S. No. | Amount distributed | Date of distribution |
Amount of income in the nature of interest referred to in section 1 0(23FC) |
Amount of income in the nature of renting or leasing or letting referred to in section 10(23FCA) |
Amount of income in the nature of Dividend referred to in section 115-O |
Amount of other income |
| 1 | 2 | 3 | 4 | 5 | 6 | 7”. |
[Notification No. 84/2016/F. No. 142/10/2014-TPL]
NIRAJ KUMAR, Under Secy.
(Tax Policy and Legislation)
Note: The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii) vide number S.O. 969 (E) dated the 26th March, 1962 and was last amended vide notification number S.O. 2747(E) dated the 19th August, 2016.
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