Income Tax 10th Amendment Rules, 2014

By | October 28, 2014

Income-tax (10th Amendment) Rules, 2014 – Notification No. 48/2014

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF DIRECT TAXES)
NEW DELHI
NOTIFICATION NO. 48/2014, Dated: September 30, 2014
In exercise of the powers conferred by section 133C 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 (10th Amendment) Rules, 2014.(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Income-Tax Rules, 1962 (hereinafter referred to as the said rules), after rule 12C, the following rule shall be inserted, namely:-“Prescribed authority under section 133C12D. The prescribed authority under section 133C shall be the Principal Director General or Director General or Principal Director or Director as the case may be.Explanation.- For the purposes of this rule “Principal Director General or Director General or Principal Director or Director” means the Principal Director General of Income-tax or the Director General of Income-tax or the Principal Director of Incometax or the Director of Income-tax to whom the Central Board of Direct Taxes may authorise to act as prescribed authority for the purposes of section 133C.”
F.No.142/8/2014-TPL
(Arju Garodia)
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 Income-tax (9th Amendment) Rules, 2014 vide notification S.O. No.2487(E) dated 24th September, 2014.

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