Income-tax (27th Amendment) Rules, 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th October, 2016 (Income-tax) S.O. 3179(E).—In exercise of the powers conferred by clause (b) of section 13B, 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 the Income-tax Rules, 1962, namely:-

1. • (1) These rules may be called the Income-tax (27thAmendment) Rules, 2016.

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

2. In the Income-tax Rules, 1962, in rule 17CA, in sub-rule (4),-

• (i) in clause (a), the word “and” occurring at the end shall be omitted;
• (ii) after clause (b), the following shall be inserted, namely:- “(c) from a Government company as defined in clause (45) of section 2 of the Companies Act, 2013 (18 of 2013); and
• (d) from a foreign source as defined in clause (j) of section 2 of the Foreign Contribution (Regulation) Act, 2010 (42 of 2010).”. [Notification No. 92/2016/F. No. 142/20/2012-TPL] ABHISHEK GAUTAM, Under Secy. (Tax Policy and Legislation) Note.—The principal rules were published in the Gazette of India vide notification number S.O. 969(E), dated the 26th March, 1962, and last amended by vide notification number S.O.3160(E) dated 6th October, 2016.

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. HARINDR A KUMAR Digitally signed by HARINDRA KUMAR Date: 2016.10.10 16:36:27 +05'30'