CBDT make rules amending the Income-Tax Rules,1962

 Government of India;  Ministry of Finance; Department of Revenue [Central Board of Direct Taxes]

Notification;  Dated, the 2nd day of July, 2012

 Income-tax

S.O.1453(E).-    In exercise of the powers conferred by section 295 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 (7thAmendment) Rules, 2012.

(2) They shall come into force from the date of its publication in the Official Gazette.

 2. In the Income-tax Rules, 1962,-

 (A)  in rule 12,-

 (i)  in sub-rule (1),-

(a)  in the proviso to clause (a), for the words being an  individual,  who  is a resident, the  following  words, brackets and figures shall be substituted, namely:-
 who is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6;

(b)  in the proviso to clause (ca), for the words being an individual or Hindu undivided family, who is a resident, the  following  words,  brackets  and  figures  shall  be substituted, namely:-

who is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6;

(ii)    in sub-rule (3), in the proviso, in clause (aa) after the words being  a  resident,  the  words,  brackets  and  figures other  than  not  ordinarily  resident  in  India  within  the meaning of sub-section (6) of section 6 shall be inserted;

 (B) in Appendix-II,

 (i) for Forms ITR-5, the following shall be substituted, namely:-
(ii) for Form ITR-6, the following shall be substituted, namely:-

 Forms ITR-5 and ITR-6 have been separately attached

 [Notification No.25/2012/ F.No.142/31/2011 -TPL]

(Ashis Chandra Mohanty)

Under Secretary to the Government of India

Note.-    The  principal  rules  were  published  in  the  Gazette  of  India, Extraordinary,  Part-II,  Section 3,  Sub-section (ii)  vide  notification number.S.O.969(E), dated the 26th March, 1962 and last amended by Income-tax (6thAmendment) Rules, 2012 vide notification S.O. No.1169(E) dated 23/5/2012.

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