News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
« Top Headlines »
 Notification No. 15/2020 Central Board of Indirect Taxes and Customs
 Notification No. 16/2020 Central Board of Indirect Taxes and Customs
 Procedure of PAN allotment through Common Application Form (CAF) along with registration of Foreign Portfolio Investors (FPls) with SEBl under Department of Economic Affairs and KYC for opening Bank and Demat Account.
 Income Tax Return filing last date extended for these taxpayers!
  Notification No.01/2020 Central Board Of Indirect Taxes And Customs
 5 reasons why your income tax refund gets delayed and how to handle it
 You might not need a CA to file income tax return (ITR)
 5 ways to make the most of your tax refund
 Income-Tax Return (ITR) forms may come pre-filled with capital gains, dividend, interest income
 Not got your tax refund yet? Here is what might have gone wrong
 Income-tax Notification No. 08/2020 Central Board Of Direct Taxes

Income-tax (27th Amendment) Rules, 2016 - 92/2016
October, 12th 2016

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION NO. 92/2016

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 theIncome-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 (27th Amendment) 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).”.

[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.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting