MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 21st December, 2016
S.O.4110(E).— In exercise of the powers conferred by section 285BA read with section 295 of the Income-tax
Act, 1961 (43 of 1961), the Central Government hereby makes the following rules further to amend the Income-tax
Rules, 1962, namely:—
1.
(1) These rules may be called the Income-tax ( 35th Amendment) Rules, 2016.
(2) They shall be deemed to have come into force from the 7th August, 2015.
2.
In the Income-tax Rules, 1962, in rule 114F, in clause (1), in the Explanation,—
(I)
in clause (g), in sub-clause (D), for the words, brackets and letters “in sub-clause (ii)”, the words,
brackets and letter “in sub-clause (B)” shall be substituted;
(II)
in clause (h),—
(1) in sub-clause (i), in item (E), in the Explanation, for the words, brackets, letters and figure “item
(A) or (B) or from one or more retirement or pension funds that meets with the requirements of
clauses (e), (f) or (g) of Explanation to clause (1)”, the words, brackets, letters and figure “sub-
clauses (i) or (ii) or from one or more retirement or pension funds that meets with the requirements
of clauses (E), (F) or (G) of Explanation to clause (5)” shall be substituted;
(2) in sub-clause (ii), in item (D), in the Explanation, for the words, brackets, letters and figure “item
(A) or (B) or from one or more retirement or pension funds that meets the requirements of clauses
(e), (f) or (g) of Explanation to clause (1)”, the words, brackets, letters and figure “sub-clauses (i)
or (ii) or from one or more retirement or pension funds that meets with the requirements of clauses
(E), (F) or (G) of Explanation to clause (5)” shall be substituted.
[Notification No. 120/2016/F.No.370142/06/2016-TPL]
Dr. T.S. MAPWAL, Under Secy.
Note: It is certified that by giving retrospective effect to the present notification, no one will be adversely effected in this
regard.
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.
Nishok
Kumar Paria
Digitally signed by
Nishok Kumar Paria
Date: 2016.12.22 19:54:50
+05'30'
