Executive Summary:
This notification from the Central Board of Direct Taxes amends the Income-tax Rules of 1962. It introduces a new rule, 129, which specifies the form for applying for immunity from penalties under section 270A and from proceedings under sections 276C or 276CC of the Income-tax Act, 1961. These rules, called the Income-tax 25th Amendment Rules, 2016, come into force on April 1, 2017.
Key Points / Main Content:
* **Amendment of Income-tax Rules, 1962:**
* The Income-tax Rules, 1962, are further amended.
* **Rule 129 Inserted:**
* After rule 128, rule 129 is inserted, specifying the form for application under section 270AA.
* **Form No. 68 for Immunity Application:**
* An application to the Assessing Officer for immunity from penalty under section 270A and from initiation of proceedings under section 276C or section 276CC shall be made in Form No. 68.
* **Appendix II Amendment:**
* In Appendix II of the rules, after Form No. 67, Form No. 68 is inserted.
* **Details Required in Form No. 68:**
* Personal information (Name, Address, PAN)
* Assessment Year
* Section under which assessment/reassessment order is passed
* Dates of assessment/reassessment order and service
* Amount of income assessed
* Tax and interest payable
* Due date for payment
* Details of amounts paid (BSR Code, Date of Deposit, Serial Number of Challan, Amount)
* **Declaration and Undertaking:**
* A declaration stating the provided information is true.
* An undertaking that no appeal has been filed and no appeal will be filed before the expiry of the period specified in section 270AA(4) of the Income-tax Act, 1961.
* **Effective Date:**
* The rules come into force on April 1, 2017.
Impact Analysis:
* **Taxpayers:**
* Impact: Taxpayers seeking immunity from penalties and legal proceedings related to underreporting of income now have a specified form (Form No. 68) to apply to the Assessing Officer.
* Action Required: Taxpayers need to use Form No. 68 when applying for immunity under section 270AA, ensuring all details are accurately filled, and the required declarations and undertakings are provided.
* **Assessing Officers:**
* Impact: Assessing Officers will receive applications for immunity in the new Form No. 68, which standardizes the application process.
* Action Required: Assessing Officers should familiarize themselves with the new Form No. 68 and process applications submitted in this format, in accordance with section 270AA of the Income-tax Act, 1961.
Key Entities Referenced
Income-tax Act, 1961: A legislative act related to income tax in India, mentioned as the basis for amendments and rules within the notification.
Central Board of Direct Taxes: The organization responsible for making rules and amendments to the Income-tax Rules, 1962.
Income-tax Rules, 1962: The set of rules being amended by this notification.
Section 270AA: A section of the Income-tax Act, 1961 related to immunity from penalty, under which an application can be made.
Form No. 68: The form for application under section 270AA of the Income-tax Act, 1961.
Section 270A: A section of the Income-tax Act, 1961 regarding imposition of penalty.
Section 276C: A section of the Income-tax Act, 1961 regarding initiation of proceedings.
Section 276CC: A section of the Income-tax Act, 1961 regarding initiation of proceedings.
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx II—[k.M 3—mi&[k.M (ii)
PART II—Section 3—Sub-section (ii)
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la- 2426] ubZ fnYyh] cq/okj] vDrwcj 5] 2016@vkf'ou 13] 1938
No. 2426] NEW DELHI, WEDNESDAY, OCTOBER 5, 2016/ASVINA 13, 1938
िव(cid:7004)त म(cid:7074)ं ालय
(राज(cid:7021)व िवभाग)
(क(cid:7286)(cid:7076)ीय (cid:7079)(cid:7004)य (cid:6979) कर बोड)(cid:6981)
अिधसचू ना
नई (cid:7408)द(cid:7016) ली, 5 अ(cid:6989) तूबर, 2016
का.आ. 3150 (अ) .-- क(cid:7286)(cid:7076)ीय (cid:7079)(cid:7004) य(cid:6979) कर बोड,(cid:6981) आय-कर अिधिनयम, 1961 (1961 का 43) क(cid:7409) धारा
270कक क(cid:7409) उपधारा (2) के साथ प(cid:7407)ठत धारा 295 (cid:7367)ारा (cid:7079)द(cid:7004) त शि(cid:6989) तय(cid:7298) का (cid:7079)योग करत े (cid:7263)ए, आय-कर िनयम,
1962 म(cid:7286) और संशोधन के िलए िन(cid:7013)न िलिखत िनयम बनाता ह,ै अथा(cid:6981)त् :--
1. (1) इन िनयम(cid:7298) का संि(cid:6979)(cid:7009) त नाम आय-कर (25th संशोधन) िनयम, 2016 ह ै।
(2) ये 1 अ(cid:7079)ैल, 2017 को (cid:7079)वृ(cid:7004)त ह(cid:7298)गे ।
2. आय-कर िनयम, 1962 (िजसे इसम(cid:7286) इसके प(cid:7019) चात् िनयम कहा गया ह)ै , िनयम 128 के प(cid:7019) चात ् िन(cid:7013) निलिखत
िनयम अंत:(cid:7021) थािपत (cid:7408)कया जाएगा, अथा(cid:6981)त् :--
"129. धारा 270कक के अधीन आवदे न का (cid:7079)(cid:7272)प – धारा 270क के अधीन शाि(cid:7021)त के अिधरोपण और धारा
276ग या धारा 276गग के अधीन कार(cid:6981)वाई के (cid:7079)वत(cid:6981)न स े उ(cid:7008) मुि(cid:6989) त क(cid:7409) मंजूरी के िलए िनधार(cid:6981) ण अिधकारी
हते ु कोई आवदे न (cid:7079)(cid:7272)प सं. 68 म(cid:7286) (cid:7408)कया जाएगा ।"।
3. उ(cid:6989) त िनयम(cid:7298) म(cid:7286) प(cid:7407)रिश(cid:7020) ट 2 म(cid:7286), (cid:7079)(cid:7272)प सं(cid:6990) या 67 के प(cid:7019) चात् िन(cid:7013)न िलिखत (cid:7079)(cid:7272)प अंत:(cid:7021) थािपत (cid:7408)कया जाएगा,
अथा(cid:6981)त् :--
4745 GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
"(cid:7079)(cid:7272)प स.ं 68
आय-कर अिधिनयम, 1961 क(cid:7409) धारा 270कक(2) के अधीन आवेदन का (cid:7079)(cid:7272)प
ीराकनाज
तगत
(cid:6989)िय
(cid:7018)
पहला नाम म(cid:7007) य नाम अंितम नाम या अि(cid:7021) त(cid:7004) व का पैन
नाम
(cid:7010)लैट/मकान/(cid:7011) लॉक सं. प(cid:7407)रसर/भवन/(cid:7061)ाम का नाम सड़क/गली/डाकघर
(cid:6979)े(cid:7074)/अवि(cid:7021)थ ित नगरी/शहर/िजला रा(cid:6996) य
दशे िपन कोड एसटीडी कोड ई-मेल पता
सिहत फोन नं./
मोबाइल नं.
आदशे 1 िनधा(cid:6981)रण वष (cid:6981)
और
2 वह धारा, िजसके अधीन िनधा(cid:6981)रण/पुन: िनधार(cid:6981) ण* आदशे पा(cid:7407)रत (cid:7408)कया
भुगतान
का गया
िववरण 3 िनधा(cid:6981)रण/पुन: िनधा(cid:6981)रण* के आदशे क(cid:7409) तारीख
4 िनधा(cid:6981)रण/पुन: िनधा(cid:6981)रण* के आदशे क(cid:7409) तामील क(cid:7409) तारीख
5 िनधा(cid:6981)रण/पुन: िनधा(cid:6981)रण* आदशे के अनुसार मू(cid:7016) यां(cid:7408)कत आय क(cid:7409) रकम
6 कर और मांग ((cid:7271)पए) के नो(cid:7407)टस के अनुसार संदये कर और (cid:7011) याज
7 मांग नो(cid:7407)टस के अनसु ार संदये म(cid:7286) ली गई स(cid:7013)य क् तारीख
8 संद(cid:7004)त रकम(cid:7298) का (cid:7011) यौरा
(cid:7059)म बीएसआर कोड िन(cid:6979)ेप क(cid:7409) तारीख चालान क(cid:7409) रकम ((cid:7271)पए म(cid:7286))
सं. ((cid:7408)दन/मास/वष)(cid:6981) (cid:7059)म स(cid:6990)ं या
(i)
(ii)
(iii)¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3
(cid:7079)(cid:7272)प का स(cid:7004)य ापन
म(cid:7289), ............................... जो ............................. पु(cid:7074)/पु(cid:7074)ी (cid:7264),ं म(cid:7289) और घोषणा करता (cid:7264) ं (cid:7408)क ऊपर (cid:7021) तभं 2 म(cid:7286)
उि(cid:7016) लिखत आदशे क(cid:7409) बाबत कोई अपील फाइल नह(cid:7277) क(cid:7409) गई ह ै । म (cid:7289) वचनबंध करता (cid:7264) ं (cid:7408)क आय-कर अिधिनयम,
1961 क(cid:7409) धारा 270कक(4) म(cid:7286) िविन(cid:7416)द(cid:7020) ट अविध के अवसान के पूव(cid:6981) उ(cid:6989) त आदशे क(cid:7409) बाबत कोई अपील फाइल
होगी । म(cid:7289) घोषणा करता (cid:7264) ं (cid:7408)क म(cid:7289) अपनी ..................... हिै सयत म(cid:7286) द े रहा (cid:7264) ं और म(cid:7289) इस फाइल के िलए आवेदन
और स(cid:7004)य ािपत करने के िलए स(cid:6979)म भी (cid:7264) ं।
(cid:7021) थान ह(cid:7021) ता(cid:6979)र
तारीख मुहर
(जब कभी लाग ू हो)
*जो लागू न ह(cid:7298) उसे काट द (cid:7286) ।"
[अिधसूचना सं. 90/2016/फा.सं. 370142/26/2016-टीपीएल]
डॉ. टी.एस.मपवाल, अवर सिचव
(cid:7407)ट(cid:7009)प ण : मूल िनयम अिधसचू ना का.आ. 969(अ) तारीख 26 माच(cid:6981), 1962 (cid:7367)ारा (cid:7079)कािशत (cid:7408)कए गए और अिधसचू ना
सं. का.आ. 3145(अ) तारीख 04th अ(cid:6989) तूबर (cid:7367)ारा अंितम बार संशोिधत (cid:7408)कए गए ।
MINISTRY OF FINANCE
(Department Of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 05th October, 2016
S.O. 3150 (E).— In exercise of the powers conferred by section 295 read with sub-section (2) of section 270AA
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 ( 25th Amendment) Rules, 2016.
(2) They shall come into force on the 1st day of April, 2017.
2. In the Income-tax Rules, 1962 (hereinafter referred to as the said rules), after rule 128, following rule shall be inserted,
namely:-
“129. Form of application under section 270AA.- An application to the Assessing Officer to grant immunity from
imposition of penalty under section 270A and from initiation of proceedings under section 276C or section 276CC shall
be made in Form No.68.”.
3. In the said rules, in Appendix-II, after Form No.67, the following form shall be inserted, namely:-4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
“FORM No.68
Form of application under section 270AA(2) of the Income-tax Act, 1961
noitamrofnI
lanosreP
First Name Middle Name Last Name or Name of Entity PAN
Flat/ Door/ Block No. Name of Premises/ Building/ Road/ Street/ Post Office
Village
Area/ Locality Town/City/District State
Country Pin Code Phone No. with Email Address
STD code/ Mobile
No.
stnemyap
dna
sredro
fo
sliateD
1 Assessment Year
2 Section under which assessment/reassessment* order is passed
3 Date of the assessment/reassessment* order
4 Date of service of the assessment/reassessment* order
5 Amount of income assessed as per the assessment/reassessment* order
6 Tax and interest payable as per notice of demand (in Rs.)
7 Due date for payment as per notice of demand
8 Details of amounts paid
Sl. BSR Code Date of Deposit Serial Number of Amount (Rs.)
No. (DD/MM/YYYY) Challan
(i)
(ii)
(iii)
(cid:109)(cid:70)(cid:111)(cid:114)(cid:32)(cid:111)(cid:102)(cid:32)(cid:105)(cid:116)(cid:114)(cid:102)(cid:105)(cid:118)(cid:105)(cid:99)(cid:101)(cid:111)(cid:110)(cid:97)(cid:32)
I, ____________________________son/daughter* of_____________________ do hereby declare that what is stated
above is true to the best of my information and belief. I further declare that no appeal has been filed in respect of the
order mentioned in column 2 above. I also undertake that no appeal shall be filed in respect of the said order before the
expiry of the period specified in section 270AA(4) of the Income-tax Act, 1961. I declare that I am making this
application in my capacity as ____________________ and I am also competent to file this application and verify it.
Place Signature
Date Seal
(wherever applicable)
*Strike off whichever is not applicable”
[Notification No. 90 /2016/F.No.370142/26/2016-TPL]
DR. T. S. MAPWAL, Under Secy.¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 5
Note: The principal rules were published vide Notification S.O. 969 (E), dated 26th March,
1962 and last amended vide Notification S.O. 3145(E), dated 04th October, 2016.
(cid:32)
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.