Proposed Amendments To Income-Tax Rules,1962

Agustus 22, 2018   Income Tax, Ministry of Finance   Comment  

Ministry of Finance

Government invites comments of Stakeholders as well as General Public on Proposed Amendments to Income-tax Rules,1962 yesteryear fourth September, 2018 

Posted On: xx AUG 2018 1:11PM yesteryear PIB Delhi

Income-tax Rules, 1962 (I.T.Rules) prescribe Form No.13 for filing an application for seeking a certificate nether Section 197 and/or nether Section 206C (9) of the Income-tax Act, 1961 (the Act), for no deduction of revenue enhancement or deduction/collection of revenue enhancement at lower rate.

In social club to rationalise as well as brand the procedure of issuance of certificate for no deduction of revenue enhancement or deduction/collection of revenue enhancement at lower charge per unit of measurement electronic, the existing Form No.13 as well as relevant I.T. Rules are required to survive amended. This is vital for minimising the human interface as well as reducing the compliance burden on the applicant.

In persuasion of the above, a Draft Notification proposing amendments inward Form No. 13, as well as Rules 28, 28AA, 28AB, 37G as well as 37H of the information technology Rules has been uploaded on the website of the Income Tax Department www.incometaxindia.gov.in for comments from stakeholders as well as full general public.

Comments as well as suggestions on the Draft Notification may survive sent yesteryear fourth September, 2018 electronically at the e-mail address ts.mapwal@nic.in.