Laws and sections by number or title, due dates, pages, and updates.
No summary yet. Read the notification below or open the official source.
Law this touches
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES]
NOTIFICATION
New Delhi, the 1st day of May, 2013
Income-tax
S.O. 1111 (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 (3rd Amendment) Rules, 2013. (2) They shall be deemed to have come into force with effect from the 1st day of April,
In the Income-tax Rules, 1962 (hereinafter referred to as the said rules), in rule 12,─
(a) in sub-rule (1),-
(A) for the figures “2012”, the figures “2013” shall be substituted;
(B) in item (a),─
(I) is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6 and has,─
(II) has claimed any relief of tax under sections 90 or 90A or deduction of tax under section 91; or
(III) has income not chargeable to tax, exceeding five thousand rupees.”;
(C) in clause (ca), for the proviso, the following proviso shall be substituted, namely:- “Provided that the provisions of this clause shall not apply to a person who,-
(I) is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6 and has,─
(II) has claimed any relief of tax under sections 90 or 90A or deduction of tax under section 91; or
(III) has income not chargeable to tax, exceeding five thousand rupees.”;
(b) in sub-rule(2), the following proviso shall be inserted, namely:- “Provided that where an assessee is required to furnish a report of audit under sections 44AB, 92E or 115JB of the Act, he shall furnish the same electronically.”;
(c) in sub-rule (3), in the proviso,-
(A) in clause (a),─
(B) after clause (aaa), the following clause shall be inserted, namely:-
“(aab) a person claiming any relief of tax under section 90 or 90A or deduction of tax under section 91 of the Act, shall furnish the return for assessment year 2013-14 and subsequent assessment years in the manner specified in clause (ii) or clause (iii);”
(d) in sub-rule 4, after the words, brackets and figures “of sub-rule(3)”, the words and figures “and the report of audit in the manner specified in proviso to sub-rule (2)” shall be inserted.
(e) in sub-rule (5), for the figures “2011”, the figures “2012” shall be substituted.
[Notification No. 34 /2013/ F.No.142/5/2013-TPL]
(Gaurav Kanaujia) Deputy 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 (2nd Amendment) Rules, 2013 vide notification S.O. No.410 (E) dated 19th February, 2013.
