Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT RATES :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: ACCOUNTING STANDARDS :: TDS :: empanelment :: ACCOUNTING STANDARD :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: list of goods taxed at 4%
 
 
News Headlines »
 8 benefits you must know about this tax-saving mutual fund
 10 most important income-tax changes which will apply from April 1
 Delhi: 54 CAs, company secretaries on radar in I-T crackdown against black money
 10 Income Tax Rules That Will Change From April. See Details Herea
 Looking for last-minute tax planning with Section 80C investments? Here's help
 Aadhaar mandatory for filing income tax return
 Will Aadhaar linkage solve India's income tax woes?
 GST roll out from July 1 will make goods cheaper: Jaitley
 Aadhaar To Be Mandatory For Filing Income Tax Return, PAN Application
 7 best tax-saving solutions which can help you save money
  No proposal to replace Income Tax with Banking Cash Transaction Tax

Income-tax (2nd Amendment) Rules, 2017
February, 15th 2017
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
                     SECTION 3, SUB-SECTION (i)]

                             GOVERNMENT OF INDIA
                              MINISTRY OF FINANCE
                            DEPARTMENT OF REVENUE
                         CENTRAL BOARD OF DIRECT TAXES

                                          Notification
                                                           New Delhi, the 9th February, 2017

G.S.R.117(E)- In exercise of the powers conferred by section 139A and sub-section (1) of
section 203A, 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 (2nd Amendment) Rules, 2017.
(2) They shall come into force on the date of their publication in the Official Gazette.




2. In the Income-tax Rules, 1962, ­

(i) in rule 114, in sub-rule (1) for the proviso the following proviso shall be substituted,
namely:-

"Provided that an applicant may apply for allotment of permanent account number through
a common application form notified by the Central Government in the Official Gazette,
and the Principal Director General of Income-tax (Systems) or Director General of
Income-tax (Systems) shall specify the classes of persons, forms and formats along with
procedure for safe and secure transmission of such forms and formats in relation to
furnishing of permanent account number.";

(ii) in rule 114A, in sub-rule (1) for the proviso the following proviso shall be substituted,
namely:-
"Provided that an applicant may apply for allotment of a tax deduction and collection account number through a common application form notified by the Central Government in the Official Gazette, and the Principal Director General of Income-tax (Systems) or Director General of Income-tax(Systems) shall specify the classes of persons, applicable forms and formats along with procedure for safe and secure transmission of such forms and formats in relation to furnishing of tax deduction and collection account number.". [Notification No. 9/2017/F.No. 370142/40/2016-TPL] Dr T. S. MAPWAL, Under Secy. Note: The principal rules were published vide notification number S.O. 969 (E), dated the 26th March, 1962 and last amended by Income-tax (1st Amendment) Rules, 2017 vide notification number G.S.R.No.14 (E), dated the 6th January, 2017.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Contact Us

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