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The Central Board of Direct Taxes makes the Income-tax (29th Amendment) Rules, 2021 to amend the Income-tax Rules, 1962. The rules insert rule 12F to specify the prescribed income-tax authority under the second proviso to clause (i) of sub-section (1) of section 142. The prescribed authority is an income-tax authority not below the rank of Income-tax Officer. The authority must receive authorization from the Central Board of Direct Taxes to act for those purposes. The rules come into force on the date of publication in the Official Gazette.
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THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(i)]
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 13th September, 2021
G.S.R. 627(E).—In exercise of the powers conferred by second proviso to clause (i) sub-section (1) of section 142 read with 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 Income-tax Rules, 1962, namely:-
(2) They shall come into force from the date of its publication in the Official Gazette.
“12F. Prescribed income- tax authority under second proviso to clause (i) of sub-section (1) of section 142.- The prescribed income-tax authority under second proviso to clause (i) of sub-section (1) of section 142 shall be an income-tax authority not below the rank of Income-tax Officer who has been authorised by the Central Board of Direct Taxes to act as such authority for the purposes of that clause.”.
[Notification No. 109/2021/F. No. 370142/27/2021-TPL (Part I)]
SHEFALI SINGH, Under Secy., Tax Policy and Legislation
Note : The principal rules were published vide notification S.O. 969(E), dated the 26th March, 1962 and last amended vide notification GSR 623(E), dated the 10th September, 2021.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.
