[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II,
                                 SECTION-3, SUB-SECTION (ii)]

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

                                        NOTIFICATION
                                                            New Delhi, the 23rd March, 2016
                                        INCOME-TAX
S.O. 1206 (E).- In Exercise of the powers conferred by section 295 of the Income-tax Act,
1961 (43 of 1961), the Central Government hereby makes the following rules further to
amend the Income-tax Rules, 1962, namely:-
1.     (1)      These rules may be called the Income-tax (8th 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 17C, after clause (viii), the following clause
shall be inserted, namely:-
        "(ix) Investment in "Stock Certificate" as defined in clause (c) of paragraph 2 of
        the Sovereign Gold Bonds Scheme, 2015, published in the Official Gazette vide
        notification number G.S.R. 827(E), dated the 30th October, 2015.".


                                            [Notification No. 21/2016/ F.No. 142/1/2016-TPL]








                                                                   (R Lakshmi Narayanan)
                                               Under Secretary (Tax Policy and Legislation)

Note: The principal rules were published in the Gazette of India, Extraordinary, Part-II,
      Section-3, Sub-section (ii) vide number S.O. 969 (E) dated the 26th March, 1962
      and last amended vide notification number S.O. 1155 (E) dated 18th March,
      2016.