NOTIFICATION NO.99/2008 [F.No. 142/18/2008-TPL], DT 22.10.08

In exercise of the powers conferred by section 295 read with clause (xii) of sub-section (5) of section 11 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 (Ninth Amendment) Rules, 2008. (2) It shall be deemed to have come into force with effect from the 31st day of July, 2008. 2. In the Income-tax Rules, 1962, in rule 17C, after clause (v) the following clause shall be inserted, namely:— “(vii) investment by way of acquiring shares of National Skill Development Corporation.”