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The Central Board of Direct Taxes amends the Income-tax Rules, 1962. The board increases the sitting fee amount in rule 11N sub-rule 2 clause i to six thousand rupees. The rule applies to the specified persons under the principal rules. The new rules come into force on the date of their 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 5th October, 2017
G.S.R. 1221(E).— In exercise of 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:-
[Notification No. 86/2017/F. No. 370142/29/2017-TPL] PITAMBAR DAS, Director (TPL)
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 26.03.1962 and last amended vide notification number G.S.R 1028(E) dated 18.08.2017.
