[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 30th day of March, 2017
Income-tax
S.O.1006(E). In exercise of the powers conferred by section 139 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 (Fourth Amendment) Rules, 2017.
(2) They shall come into force with effect from the 1st day of April, 2017.
2. In the Income-tax rules, 1962 (hereinafter referred to as the principal rules), in rule 12,-
(a) in sub-rule (1),-
(I) in the opening portion, for the figures "2016", the figures "2017" shall be
substituted;
(II) in clause (a), in the proviso,-
(i) in sub-clause (II), the word "or" coming at the end shall be omitted;
(ii) after sub-clause (III), the following sub-clauses shall be inserted,
namely:-
"(IV) has total income, exceeding fifty lakh rupees;
(V) has income taxable under section 115BBDA; or
(VI) has income of the nature referred to in section 115BBE;";
(III) clause (b) and clause (ba) shall be omitted;
(IV) for clause (c), the following clause shall be substituted, namely:-
"(c) in the case of a person being an individual [not being an individual to
whom clause (a) applies] or a Hindu undivided family where the total
income does not include income derived from a proprietory business or
profession, be in Form No.ITR-2 and be verified in the manner indicated
therein;";
(V) in clause (ca),-
(i) in the opening portion, for the words, figures and letters "business
income and such income is computed in accordance with special
provisions referred to in section 44AD and section 44AE of the Act for
computation of business income, be in Form SUGAM (ITR-4S)", the
words, figures and letters `income under the head "Profits or gains of
business or profession" and such income is computed in accordance with
special provisions referred to in section 44AD, section 44ADA and
section 44AE of the Act for computation of such income, be in Form
SUGAM (ITR-4)' shall be substituted;
(ii) in the proviso,-
(A) in sub-clause (II), the word "or" coming at the end shall be
omitted;
(B) after sub-clause (III), the following sub-clause shall be
inserted, namely:-
"(IV) has income taxable under section 115BBDA; or
(V) has income of the nature referred to in section
115BBE;";
(VI) in clause (d),-
(i) the words, brackets and letter "clause (b)" shall be omitted;
(ii) for the words, letters and number "Form No. ITR-4" the words, letters
and number "Form No. ITR-3" shall be substituted;
(b) in sub-rule (2), for the words, letters, brackets and number "Form SUGAM
(ITR-4S) or Form No. ITR-4" the words, letters, brackets and number "Form
SUGAM (ITR-4)" shall be substituted;
(c) in sub-rule (3), in the Table,-
(A) for serial number 1 and entries relating thereto, the following serial
number and entries thereto shall be substituted, namely:-
Sl. Person Condition Manner of furnishing return
of income
(i) (ii) (iii) (iv)
"1 Individual (a) Accounts are required Electronically under digital
or Hindu to be audited under section signature;
undivided 44AB of the Act;
family (b) Where total income (A) Electronically under
assessable under the Act digital signature; or
during the previous year of (B) Transmitting the data
a person,- electronically in the return
(i) being an individual of under electronic verification
the age of 80 years or code; or
more at any time during (C) Transmitting the data in
the previous year; or the return electronically and
(ii) whose income does thereafter submitting the
not exceed five lakh verification of the return in
rupees and no refund is Form ITR-V; or
claimed in the return of (D) Paper form;
income,
and who furnishes the
return in Form No. SAHAJ
ITR-1 or Form No.
SUGAM (ITR-4)
(c) In any other case (A) Electronically under
digital signature; or
(B) Transmitting the data
electronically in the return
under electronic verification
code; or
(C) Transmitting the data in
the return electronically and
thereafter submitting the
verification of the return in
Form ITR-V;";
(d) in sub-rule (5), for the figures "2015", the figures "2016" shall be substituted.
3. In the principal rules, in Appendix II,-
(a) for "Form Sahaj (ITR-1)", the following Form shall be substituted, namely:- "Sahaj
(ITR-1)";
(b) for "Form ITR-2", the following Form shall be substituted, namely:- "ITR-2";
(c) "Form ITR-2A" shall be omitted;
(d) for "Form ITR-3" the following Form shall be substituted, namely:- "ITR-3";
(e) for "Form ITR-4S", the following Form shall be substituted, namely:- "Sugam
(ITR-4)";
(f) "Form ITR-4" shall be omitted;
(g) for "Form ITR-5", the following Form shall be substituted, namely:- "ITR-5";
(h) for "Form ITR-6", the following Form shall be substituted, namely:- "ITR-6";
(i) for "Form ITR-7", the following Form shall be substituted, namely:- "ITR-7";
(j) for "Form ITR-V", the following Form shall be substituted, namely:- "ITR-V".
[Notification No. 21/2017/ F.No.370142/5/2017-TPL]
(Dr. T.S. Mapwal)
Under Secretary to the Government of India
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 26th March, 1962 and last amended by
the Income-tax (Third Amendment) Rules, 2017, vide notification number S.O. No. 283(E), dated
23rd March, 2017.
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