$type=Ticker$count=6

Search This Blog

Income-tax ( 17th Amendment) Rules, 2020 : Effect from the 1st day of October, 2020.

Income-tax 17th Amendment Rules, 2020 : E ffect from the 1st day of October, 2020. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOAR...

Income-tax 17th Amendment Rules, 2020 : Effect from the 1st day of October, 2020.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 24th July, 2020

INCOME-TAX
amend the Income-tax Rules
G.S.R. 464(E).—In exercise of the powers conferred by section 197 and 206C 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 ( 17th Amendment) Rules, 2020.
  • (2) Save as otherwise provided in these rules, they shall come into force with effect from the 1st day of October, 2020.
[post_ads]

2. In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), in rule 31AA, in sub-rule (4), after clause (v), the following clauses shall be inserted namely:-

“(vi) furnish particulars of amount received or debited on which tax was not collected,-
  • (a) by the authorised dealer from the buyer under the first proviso to sub-section (1G) of section 206C;
  • (b) by the authorised dealer under fourth proviso to sub-section (1G) of section 206C; and
  • (c) by the authorised dealer or seller of an overseas tour program from the buyer under clause (i) or clause (ii) of the fifth proviso of sub-section (1G) of section 206C or in view of any notification issued under clause (ii) of the fifth proviso of sub-section (1G) of section 206C.
(vii) furnish particulars of amount received or debited on which tax was not collected from the buyer,-
  • (a) under second proviso to sub-section (1H) of section 206C; and
  • (b) under sub-clause (A) or sub-clause (B) or sub-clause (C), or in view of any notification issued under sub-clause (C), of clause (a) of the Explanation to sub-section (1H) of section 206C.”
3. In the principal rules, from the date of publication in the Official Gazette, in rule 37BC, in sub-rule (1), after the words “fees for technical services”, the words “, dividend” shall be inserted.

4. In the principal rules, in rule 37CA, the words, brackets, figures and letters ‘sub-section (1) or sub-section (1C)’, wherever they occur, shall be
omitted.

[post_ads_2]

5. In the principal rules, in rule 37-I, after sub-rule (2), the following sub-rule shall be inserted namely:-
“(2A) Notwithstanding anything contained in sub-rule (2), for the purposes of sub- section (1F) or, sub-section (1G) or, sub-section (1H) of section 206C, credit for tax collected at source shall be given to the person from whose account tax is collected and paid to the Central Government account for the assessment year relevant to the previous year in which such tax collection is made”
6. In the principal rules, in Appendix II, in Form 27EQ, for the “Annexure”, the following “Annexure” shall be substituted, namely ....................................................Read Also.

Source : http://egazette.nic.in/WriteReadData/2020/220673.pdf

नोट :- हमारे वेबसाइट www.indiangovtscheme.com पर ऐसी जानकारी रोजाना आती रहती है, तो आप ऐसी ही सरकारी योजनाओं की जानकारी पाने के लिए हमारे वेबसाइट www.indiangovtscheme.com से जुड़े रहे। 
*****

COMMENTS

Name

Aadhaar Cards,28,aap,1,account,2,act,3,admit card,1,agenda,1,agreement,1,Agriculture,131,AIIMS,8,Air,9,Air Force,14,airport,5,Allowance,9,amendment,19,amrut,1,Anganwadi,1,Animal,5,Anniversary,10,antartica,1,App,18,appointment,5,Army,12,Article,2,arunima sinha,1,ASEM SUMMIT 2018,1,Assembly,4,Atal,3,Atal Bhujal,3,ATM,2,atmanirbhar,14,Atomic,1,Auto,2,Awaas,87,Awards,45,Ayurveda,19,Ayushman Bharat.Jan Arogya,11,Azad Hind,1,Balika,5,band,2,Bank,40,Bankruptcy,1,BCCL,2,Berojgari Bhatta.,4,beti,2,Bihar,22,Bima,15,Biography,1,Biomedical,1,Biotechnology,2,Blue,2,Board,22,boder,4,bond,5,Bonus,3,BRICS,2,Bsnl,4,Budget,14,Building,7,Business,141,Cabinet,3,Cable Car,1,cadets,1,cancer,4,Capital,5,Capital.Index,3,Car,2,Card,56,cargo,1,Cases,6,CBI,1,cbse,17,CCL,2,CDS,1,centre,7,CERTIFICATE,12,CGHS,3,channels,1,Child,66,Child Sexual Abuse,2,Children,11,CIMAP,1,Cities,10,Citizen,6,City Gas Distribution,3,clearance,3,Coal,14,College,34,Commerce,34,Commission,48,Compani,6,Conclave,1,Condolence,2,Conference,6,Consumer Price,15,cooperation,2,Corona,259,country,3,Court,13,credit,1,Crude Oil,18,CTET,2,Culture,35,Currencies,5,Customs,1,Cyber,4,Cyclone,12,Dam,1,Dearness,4,debt,2,defence,48,Definition,1,Delhi,61,development,63,Develpment,88,Diamond,1,Digital India,18,Direct,3,disable,2,Disaster,6,Divyangjans,5,Diwali,2,Domicile,3,doordarshan,1,Driving,6,Drug,2,Drug trafficking,1,e-Office,3,e-Vidhan,3,Earth,4,echs,1,Education,161,elec,1,Election,51,Electoral,6,Electrification,14,Emergency,2,Employment,79,Energy,10,enterprises.farmer,3,entrepreneur,5,Environment,32,EPFO,24,ESEM SUMMIT,1,EVM,1,EXAM,48,Exhibition,3,Export,11,extraction,1,Fabric,1,Family,32,Fani,4,Fare.Scheme,1,Farmers,64,Fasal,5,FAU-G,1,fdi,1,Fertilizers,15,Festival,16,Filing,1,Film Festival,3,Finance,74,Fish,5,Fit India,3,Food,29,force,8,forest,21,freedom.Fighters,2,G-20 Meeting,1,G-20 Summit,2,Gaja,2,Games,8,Gandhi,4,garib,3,GDP,4,General,5,Girls,23,Global,5,Goa,2,Gold,3,Gold Bond Scheme,6,gove,1,Government,193,Gram Panchayats,8,Gramin,17,Green,8,ground,2,GSAT,1,GSAT11,1,GSLV,1,GST,26,GSTR,2,guidelines,8,guinessbook,2,Hackathon,1,haj,3,Happy,5,Harassment,2,Haryana,12,Hassle,1,Hausla,1,Health,109,helmet,1,Holi,1,homage,1,Homoeopathy,11,Hospital,21,Hostels,5,Housing,139,HRA,1,Human,42,ID,1,IFFI,1,IISF,1,import,9,Incom Tax,32,income,11,Index,24,India,81,India-China,4,industry,38,information,12,Infrastructure,12,Insolvency,1,Institution,13,insurance,1,interest rates,3,internal,1,Internet,5,Internship,2,investment,2,ISRO,10,Issue Price,4,IT,2,J&K,7,JanDhan,5,Jawaharlal,5,jeddah,1,JEE,4,Jeevan Shakti,4,jharkhand,20,Jio,2,JOB,141,Khelo,4,Kheol,6,kisan,91,koushal Yuva,3,KPCS,1,kumbhmela,18,kvic,1,KVS,21,Language,2,Laptop,4,Law and Justice,2,Legislative,3,Licence,4,Livelihood,1,livestock,1,loan,33,Location,2,lockdown,79,Lok,32,LPG Gas,6,LTC,1,Maan Ki Baat,5,Mahila-E-Haat,1,Main Nahin Hum,2,Make in India,7,Man-Dhan,7,management,5,Manrega,8,Mantri,259,Marger,1,Market,9,MARRIAGE,12,martyrs,1,MAT,1,Mata Vaishno Devi,1,Maternity,1,Measurement,1,media,3,Medicine,34,Meeting,4,Memorial,6,Metro,16,mid day,1,Minister,11,minorities,1,Mission,43,Mobile,22,money,3,Monsoon,1,Movie,1,mp,5,Mtnl,2,Mudra,8,Mukhyamantri,53,municipal,1,Museum,8,Nabard,2,NAE,2,Namami Gange,23,Nation,10,National,82,National Highways,65,National Project,22,Nationhood,1,Natural,2,Natural Gas,33,Naval,9,Navodaya Vidyalaya.,1,NCC,1,NCERT,3,NCR,3,NDA,2,Nehru,4,Net Project,3,Netaji Subash Chandra Bose,3,New,15,New Airport,4,News,13,NIRVIK,1,Niti Aayog,34,NMCG,1,NNC,1,Nominations,1,Northeast,18,not,1,Notification,142,NPS,7,NuGen,1,Nursing,3,Nutrition,3,OBC,3,ODF,1,odisha,6,Online,74,Operation Green,1,Organic,2,Orphanages,1,Padma,2,Paisa,1,pakistan,3,Pal,2,Pan Card,3,Park,3,Parliament,7,parliament attack,1,Passport,5,Patel,3,patna,1,Payment,5,pcs,1,Pension,46,Petroleum,13,pho,1,Physical,1,pm,27,PMAY,2,Police,10,Policy,15,Pollution,12,Port,6,Portal,25,Poshan,9,post office,5,poverty,3,Power,34,Powergrid,4,Pradhan,259,prasarbharti,1,pregnant,1,President,9,prime minister,9,Prisoners.,1,private,3,Prizes,3,Professionals,3,promotion,1,PSLV,3,public,1,Puruskar,2,Qaumi Ekta,1,radio,1,Rail,20,Railway,145,Rainfall,1,Rajasthan,12,Rajbhasha,2,Ration,43,RBI,8,Real Estate,1,Recruitment,86,Red Fort,4,Refinery,11,reform,1,releases,1,Repo Rate,2,reproduction,1,Reserved,10,Resources,38,Result,41,retire,7,Return,5,review,1,Revolution,2,Right,1,Ring Road,3,river,15,Road,64,Ropeway,1,RRB,5,RRCB,4,RTI,2,Run for Unity,3,Rural,43,Sabha,33,salary,5,Sampann,3,Samridhi,4,Sanskrit,1,Satellite,4,Saubhagya,1,Saving,3,Scheme,665,Scholarships,25,School,80,Scientist,3,sector,4,security,4,Seminar,1,Senior,4,Service,18,Session,2,Sexual,1,Share,3,shramik Card,2,SIAL,1,Skill Develpment,31,Smart,19,Smuggling,1,Snowfall,1,social,1,soil,2,Solar,23,soldier,1,son,1,space,5,Sports,25,SSC,15,Sstellite,1,Staff.,4,Staff.Safety,1,Startup,5,Startup India,7,state,4,Statistics Day,1,Steel,11,stocks,8,Strike,1,Student,32,Sukanya Samriddhi Yojana,5,summit,6,supreme,2,Surgical,1,Swachh Bharat,36,Swadesh Darshan,14,Swadhar Greh,2,Swamitva,2,Swaraj,1,System,8,Tabacco,2,TAX,49,Teacher,8,technology,8,Telecom,13,Terrorism,6,Textile,7,Ticket,11,tiger,1,Tourism,54,Tracking,1,Trading,2,Trafficking,1,Train,59,Training,16,Transgenders,1,Transport,78,travel,7,Tribal,9,tricolour,1,trust,4,UGC,1,Ujjwala,12,Unity,3,University,11,unlock,9,Unreserved,2,UPSC,23,Urban,43,UTS,3,uttar Pradesh,27,Uttarakhand,9,Vehicle,12,Village,8,Village Cleanliness,2,virus,238,Visa,5,Voting,5,Wages,4,waste,3,water,26,Water Resources,31,WCO,1,Weather,1,Website,3,West Bengal,4,wifi,1,Wildlife,3,Winter,1,Women,115,workshop,6,Year,3,Yoga,13,Yojana,296,youth,25,Youth Parliament,1,आग दुर्घटना,1,जी-20 देशों की बैठक,1,नेट परियोजना,1,पुलिस,1,प्रत्यक्ष कर,1,बाल यौन शोषण,1,वर्षगांठ,1,वायु सेना,1,स्मारक,1,
ltr
item
Indian Govt Scheme - Sarkari Yojna - सरकारी योजना: Income-tax ( 17th Amendment) Rules, 2020 : Effect from the 1st day of October, 2020.
Income-tax ( 17th Amendment) Rules, 2020 : Effect from the 1st day of October, 2020.
https://1.bp.blogspot.com/-a8Z48DRJxcs/Xxsp8FIimdI/AAAAAAAAIek/-V5gp_t21EA4_u5YmnIgh4cOVS-5naKfQCLcBGAsYHQ/d/amend%2Bthe%2BIncome-tax%2BRules.JPG
https://1.bp.blogspot.com/-a8Z48DRJxcs/Xxsp8FIimdI/AAAAAAAAIek/-V5gp_t21EA4_u5YmnIgh4cOVS-5naKfQCLcBGAsYHQ/s72-c-d/amend%2Bthe%2BIncome-tax%2BRules.JPG
Indian Govt Scheme - Sarkari Yojna - सरकारी योजना
https://www.indiangovtscheme.com/2020/07/income-tax-17th-amendment-rules-2020.html
https://www.indiangovtscheme.com/
https://www.indiangovtscheme.com/
https://www.indiangovtscheme.com/2020/07/income-tax-17th-amendment-rules-2020.html
true
7302066951545768297
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content