Home India Ministry of Finance In exercise of powers conferred by section 295 of the Income...
Date: 2017-10-05 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred by section 295 of the Income Tax Act, 1961 43 of 1961, the Central Board of Direct Taxes

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

**Policy Summary:** This notification, G.S.R. 1221(E), issued by the Central Board of Direct Taxes, Ministry of Finance, Department of Revenue, amends the Income-tax Rules, 1962. The amendment, formally titled the "Income-tax 23rd Amendment Rules, 2017," comes into effect on the date of its publication in the Official Gazette, October 5, 2017. The core change modifies rule 11N, sub-rule 2, clause (i) of the Income-tax Rules, 1962, specifically increasing the sitting fee from Rs. 3000 to Rs. 6000. The principal rules were initially published under notification number S.O. 969(E) on March 26, 1962, and last amended by notification number G.S.R. 1028(E) on August 18, 2017. Contact person for this notification is Pitambar Das, Director TPL, with F. No. 370142292017-TPL.

Key Entities Referenced

Income Tax Act, 1961: A law that empowers the Central Board of Direct Taxes to make rules. Central Board of Direct Taxes: The organization that makes amendments to the Income-tax Rules, 1962. Income-tax Rules, 1962: The rules being amended by this notification. New Delhi: Location where the notification was issued. Incometax 23rd Amendment Rules, 2017: The name of the amendment rules. Ministry of Finance: The ministry under which the Department of Revenue and Central Board of Direct Taxes operates. Department of Revenue: The department under which the Central Board of Direct Taxes operates. Pitambar Das: Director TPL who signed the notification.
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jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (i) PART II—Section 3—Sub-section (i) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 818] ubZ fnYyh] c`gLifrokj] vDrwcj 5] 2017@vkf'ou 13] 1939 No. 818] NEW DELHI, THURSDAY, OCTOBER 5, 2017/ASVIN 13, 1939 ििििवववव(cid:3)(cid:3)(cid:3)(cid:3) मममम(cid:6)(cid:6)ंं(cid:6)(cid:6)ंं ााााललललयययय ((((ररररााााजजजज(cid:5)(cid:5)(cid:5)(cid:5)वववव ििििववववभभभभाााागगगग)))) ((((ककककेेेे(cid:9)(cid:9)(cid:9)(cid:9)(cid:10)(cid:10)(cid:10)(cid:10)ीीीीयययय (cid:13)(cid:13)(cid:13)(cid:13)(cid:14)(cid:14)(cid:14)(cid:14)यययय(cid:15)(cid:15)(cid:15)(cid:15) ककककरररर बबबबोोोोडडडड))(cid:19)(cid:19)))(cid:19)(cid:19) अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:1)द(cid:3)ली, 5 अ(cid:7) तबू र, 2017 ससससाााा....ककककाााा....ििििनननन.... 1111222222221111((((अअअअ))))....————क(cid:12)(cid:13)ीय (cid:15)(cid:16)य(cid:17) कर बोड(cid:21), आय-कर अिधिनयम, 1961 (1961 का 43) क(cid:22) धारा 295 (cid:23)ारा (cid:15)द(cid:26) शि(cid:29)य(cid:30) का (cid:15)योग करते ए, आय-कर िनयम, 1962 का और संशोधन करने के िलए िन#िलिखत िनयम बनाता ह,ै अथा(cid:21)त् :-- 1. (1) इन िनयम(cid:30) का संि(cid:17)* नाम आय-कर (तेईसवाँ संशोधन) िनयम, 2017 ह ै। (2) ये राजप- म(cid:12) उनके (cid:15)काशन क(cid:22) तारीख को (cid:15)वृ(cid:16) त ह(cid:30)गे । 2. आय-कर िनयम, 1962 के िनयम 11ढ के उपिनयम (2) के खंड (i) म(cid:12), “3000” अंक(cid:30) के 3 थान पर, “6000 4पए क(cid:22) बैठक फ(cid:22)स'' अंक और श9द रखे जाएंगे । [अिधसूचना सं. 86/2017/फा.सं. 370142/29/2017-टीपीएल] पीतांबर दास, िनदशे क (टीपीएल) (cid:1)(cid:1)(cid:1)(cid:1)टटटट(cid:3)(cid:3)(cid:3)(cid:3)पप पप णणणण : मूल िनयम भारत के राजप-, असाधारण, भाग II, खंड 3, उपखंड (ii) म(cid:12) अिधसूचना संख ् यांक. 969(अ), तारीख 26.03.1962 (cid:23)ारा (cid:15)कािशत (cid:1)कए गए थे और अंितम संशोधन अिधसूचना सं? यांक सा.का.िन. 1028(अ) तारीख 18.08.2017 (cid:23)ारा (cid:1)कया गया था । 6078 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th October, 2017 G.S.R. 1221(E).— In exercise of powers conferred by 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 (23rd Amendment) Rules, 2017. (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 11N, in sub-rule (2), in clause (i), for the words, letters and figures “3000”, the words, letters and figures “Sitting fee of Rs. 6000” shall be substituted. [Notification No. 86/2017/F. No. 370142/29/2017-TPL] PITAMBAR DAS, Director (TPL) 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 26.03.1962 and last amended vide notification number G.S.R 1028(E) dated 18.08.2017. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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