G.S.R. 622(E).—In exercise of the powers conferred by clause (a) of the tenth proviso to clause (23C) of

section 10 and sub-clause (i) of clause (b) of sub-section (1) of section 12A 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. Short title and commencement. (1) These rules may be called the Income-tax (24th Amendment) Rules, 2022.

(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 17A the following rule shall be inserted, namely: -

“17AA. Books of account and other documents to be kept and maintained.— (1) Every fund or

institution or trust or any university or other educational institution or any hospital or other medical institution which

is required to keep and maintain books of account and other documents under clause (a) of tenth proviso to clause

(23C) of section 10 of the Act or sub-clause (i) of clause (b) of sub-section (1) of section 12A of the Act shall keep

and maintain the following, namely:-