In exercise of the powers conferred by 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 (4thAmendment) Rules, 2012.
(2) They shall come into force on the 1stday of April, 2012.
2.In the Income-tax Rules, 1962, in the Table, in the New Appendix I, in Part-A relating to Tangible Assets, under the heading III. Machinery and Plant, in item (8), in sub-item (xiii), -
(a)In clause (l), after the words, which run on wind mills, the words, figures and letters, installed on or before 31stday of March, 2012, shall be inserted ; and
(b)In clause (m), after the words, running on wind energy, the words figures and letters, installed on or before 31stday of March, 2012, shall be inserted.
( J. Saravanan )
Under Secretary (TPL-III)
Note.-The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(ii), vide Notification number S.O.969(E), dated the 26thMarch, 1962 and last amended by Income-tax ( 3rdAmendment) Rules, 2012, vide Notification S.O. No. 626(E) dated the 28thMarch, 2012.