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The Central Board of Direct Taxes amends the Income-tax Rules, 1962 to modify resident status criteria in return filing provisions and replace Forms ITR-5 and ITR-6. The rules apply to resident individuals and Hindu undivided families, excluding those who are not ordinarily resident in India under section 6. The rules come into force from the date of publication in the Official Gazette.
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GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES]
NOTIFICATION
New Delhi, 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) These rules may be called the Income-tax (7th (2) They shall come into force from the date of its publication in the Official Gazette. Amendment) Rules,
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,
“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.
