News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
News Headlines »
 Income Tax Return 2019: How to get your refund amount in case of mismatch in bank account details?
 10 Days Left To File Your Income Tax Return And Avoid Penalty
 Income Tax filing: Here's what'll happen if you miss ITR filing last date
 5 common mistakes in filing income tax return which may cost you dearly ITR Filing 2019
 How to verify the validity of Form 16 ITR Filing
 5 incomes you must not miss to report in your Income Tax Return for AY 2019-20
 How to File Income Tax Returns aka ITR Online in India
 Will a new direct tax law push up compliance?
 How To Verify Income Tax Return (ITR) Without Login To E-Filing Account
 How to file ITR on the e-filing lite portal
 Income Tax department launches new way of making e-verification ITR filing

Income-tax (13th Amendment) Rules, 2014
December, 17th 2014
     [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SEC. 3, SUB-
                                     SECTION (ii)]

                                    MINISTRY OF FINANCE
                                    DEPARTMENT OF REVENUE
                                (CENTRAL BOARD OF DIRECT TAXES)


                                              NOTIFICATION
                                               INCOME-TAX
                                                                     New Delhi, the 12th December, 2014

S.O. 3168 (E). ­ In exercise of the powers conferred by section 295 read with sub-clauses (iiiab) and
(iiiac) of clause (23C) of section 10of 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 (13th Amendment) Rules, 2014.
   (2) They shall come into force from the date of their publication in the Official Gazette.






2.    In the Income-tax Rules, 1962, after rule 2BBA the following rule shall be inserted, namely:-
      " 2BBB.Percentage of Government Grant for considering university, hospital etc. as
      substantially financed by the Government for the purposes of clause (23C) of section 10.
         For the purposes of sub-clauses (iiiab) and (iiiac) of clause (23C)of section 10, any university
or other educational institution, hospital or other institution referred therein, shall be considered as
being substantially financed by the Government for any previous year, if the Government grant to such
university or other educational institution, hospital or other institution exceeds fifty percent. of the total
receipts including any voluntary contributions, of such university or other educational institution, hospital
or other institution, as the case may be, during the relevant previous year.".







                                                          [Notification No.79 /2014/F.No.142/12/2014-TPL]



                                                                                            (Ashish Kumar)
                                                                       Director (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 was last amended by the Income- tax Rules, vide notification S.O.
No.3015 dated 28th November, 2014.




                                                      1

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions