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The Central Board of Direct Taxes issues the Income-tax (6th Amendment) Rules, 2015 to amend the Income-tax Rules, 1962. The amendment increases the exemption limit for transport allowance granted to an employee to meet expenditure for the purpose of commuting between the place of residence and the place of duty. The exemption limit increases from Rs. 800 per month to Rs. 1600 per month against serial number 10. The exemption limit increases from Rs. 1600 per month to Rs. 3200 per month against serial number 11 for an employee who is blind or deaf and dumb or orthopaedically handicapped. These rules come into force on the 1st day of April, 2015.
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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART–II, SECTION 3, SUB‐SECTION (ii)] Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) NOTIFICATION New Delhi, the 13th April, 2015 (Income‐tax)
S.O. 1002 (E). – In exercise of the powers conferred by section 295, read with clause (14) of section 10 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:‐
[Notification No. 39/2015/F. No.142/02/2015‐TPL]
(Raman Chopra) Director (TPL‐II)
Note .—The principal rules were published in the Gazette of India vide notification No. S.O. 969(E), dated the 26th March, 1962, and was last amended by vide notification S.O. No. 995(E) dated 10th April, 2015.
