CBDTNotificationS.O. 2087(E)24 May 2018

Income-tax 6th Amendment Rules 2018

Who: The Central Government makes the rules to amend the Income-tax Rules 1962.

AI summarychecked against the official textHow briefs are prepared

What changed

The Central Board of Direct Taxes amends the Income-tax Rules 1962. The rules come into force on the date of publication in the Official Gazette. The authority omits clause (a) of rule 11U. The authority also omits the words “or an accountant” from clause (b) of sub-rule (2) in rule 11UA.

Key dates

Effective from: 24 May 2018
Date of publication and coming into force: 24 May 2018

Law this touches

Income-tax Rules r. 11U

Who is affected

The Central Government makes the rules to amend the Income-tax Rules 1962.

Ask about this notification

Written automatically from the official document. It is not a professional review, so check material decisions against the official record.

Document text

Prepared for reading; wording retained from the source.

Official source

MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) NOTIFICATION New Delhi, the 24th May, 2018 INCOME-TAX S.O. 2087(E).—In exercise of the powers conferred by sub-section (2) of section 56 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) These rules may be called the Income-tax (6th Amendment), Rules, 2018.

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

In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), in rule 11U, clause (a) shall be omitted.
In the principal rules, in rule 11UA, in sub-rule (2), in clause (b), the words “or an accountant” shall be omitted.

[Notification No. 23/2018/F. No.370142/5/2018-TPL] PRAVIN RAWAL, Dir. (Tax Policy and Legislation)

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 the Income-tax (Fifth Amendment) Rules, 2018, vide notification number S.O. 1558 (E), dated 11th April, 2018.

Source details

Official title: notification no. 23/2018 f.no.370142/5/2018 tpl / so 2087 e income tax 6th amendment rules 2018
Source: Central Board of Direct Taxes / Income Tax Department
Type: notification
Published by source: 24 May 2018
Document number: S.O. 2087(E)
Issuing division: Central Board of Direct Taxes
Effective date: 24 May 2018
Coverage area: direct-tax

Search Complied AI

Income-tax 6th Amendment Rules 2018

What changed

Document text

Source details

Related