**Report on Income-tax 24th Amendment Rules, 2022**
**1. Executive Summary:**
This report analyzes the Income-tax 24th Amendment Rules, 2022, as published in the Gazette of India on August 10, 2022. This amendment introduces Rule 17AA to the Income-tax Rules, 1962, which mandates specific bookkeeping and documentation requirements for certain funds, institutions, trusts, universities, educational institutions, and hospitals that benefit from tax exemptions under Section 10(23C) and Section 12A of the Income-tax Act, 1961. The core purpose is to enhance transparency and accountability in the financial operations of these entities. The key finding is that these entities must now maintain detailed records of their income, expenditures, investments, and dealings with related parties, as well as adhere to specific document retention guidelines.
**2. Introduction:**
The purpose of this report is to provide an informative analysis of the Income-tax 24th Amendment Rules, 2022, based solely on the official gazette notification published on August 10, 2022. This report aims to clarify the implications of the amendment for the affected entities, focusing on the new requirements for maintaining books of account and other relevant documents.
**3. Policy Overview:**
* This is an **Amendment** to the Income-tax Rules, 1962.
* **Core Objective(s):** Based on the provided text, the core objective of this amendment is to ensure greater transparency and accountability in the financial management of funds, institutions, trusts, universities, educational institutions, and hospitals that are claiming exemptions under 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 of the Income-tax Act, 1961. This is achieved by specifying the types of books and records they must maintain.
**4. Background and Rationale:**
The amendment likely aims to address potential opacity or inadequate record-keeping practices within the identified entities. By mandating detailed documentation, the Income-tax Department can more effectively monitor the financial activities of these organizations, ensuring that tax exemptions are used appropriately and that funds are applied towards their stated objectives. The complexity of managing and tracking income, especially from voluntary contributions and corpus funds, likely necessitates more structured record-keeping.
**5. Key Provisions / Changes:**
This amendment introduces **Rule 17AA** to the Income-tax Rules, 1962. This new rule outlines the detailed requirements for maintaining books of account and other documents.
* **What Specific Part of the Original Policy is Being Changed:** The amendment *adds* an entirely *new* rule to the existing Income-tax Rules, 1962. Thus, no specific previous section is being directly altered, but a new requirement is being introduced within the regulatory framework.
* **What the *New* Rule/Provision *Is*:** Rule 17AA mandates that specific funds, institutions, trusts, universities, educational institutions, and hospitals must maintain the following:
* Detailed books of account including cash books, ledgers, journals, copies of bills and receipts, and any other book necessary to provide a true and fair view of the entity's financial state. Specific requirements apply to business undertakings under Section 11(4) of the Act.
* Records of projects and institutions run by the entity, including their name, address, and objectives.
* Detailed records of income, including voluntary contributions (with donor details), income from property held under trust, and other income sources.
* Records of the application of income, detailing where the money was used (in India or abroad), payments to other institutions, and deemed applications.
* Records of accumulated income and investments, including those under Section 11(5) of the Act.
* Detailed records of voluntary contributions forming part of the corpus, including application and investment details.
* Records related to contributions received for the renovation/repair of religious places.
* Records of loans and borrowings.
* Records of properties held, both movable and immovable.
* Records of specified persons as referred to in subsection 3 of section 13 of the Act and transactions with them.
* Any other relevant information.
* **Explain the *Difference* or the *Effect* of this Specific Change:** Prior to this amendment, the specific documentation requirements for these entities may have been less defined or less comprehensive. The introduction of Rule 17AA provides explicit and detailed guidelines, compelling these organizations to maintain a much higher standard of financial record-keeping. This is expected to lead to greater scrutiny and potentially more stringent enforcement by tax authorities.
**6. Target Audience and Stakeholders:**
The primary target audience and stakeholders are the funds, institutions, trusts, universities, educational institutions, and hospitals that are claiming exemptions under 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 of the Income-tax Act, 1961. This also includes the donors to these entities, as their information must now be recorded for voluntary contributions.
**7. Implementation Aspects (Inferred):**
* **Responsible agency/bodies mentioned?** The Central Board of Direct Taxes (CBDT) is the responsible body, as they issued the notification. The Assessing Officer has a role in being notified of the location of the books and documents if kept elsewhere than the registered office.
* **Any timelines or procedures specified *in the text*?** The rules come into effect from the date of their publication in the Official Gazette (August 10, 2022). If the books of account are kept at a place other than the registered office, the jurisdictional Assessing Officer must be notified within seven days of the resolution to do so. The books of account must be maintained for a period of ten years from the end of the relevant assessment year.
* **(Amendment Specific):** The implementation of this amendment will require these entities to update their accounting systems and procedures to comply with the new documentation standards.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of these specific changes is enhanced transparency and accountability within the identified entities. By requiring detailed records, the amendment aims to:
* Improve the ability of the Income-tax Department to monitor the financial activities of these organizations.
* Reduce the potential for misuse of tax exemptions.
* Ensure that funds are being used for their intended purposes.
* Provide a clearer picture of the financial health of these entities.
* Promote better governance and financial management practices.
**9. Conclusion:**
The Income-tax 24th Amendment Rules, 2022, represent a significant change in the regulatory landscape for funds, institutions, trusts, universities, educational institutions, and hospitals claiming tax exemptions under specific sections of the Income-tax Act, 1961. The introduction of Rule 17AA mandates detailed record-keeping and documentation standards. This is likely to increase the administrative burden for affected entities but is expected to lead to greater transparency, accountability, and more effective oversight by the Income-tax Department. The amendment underscores the importance of sound financial management and adherence to regulatory requirements for organizations operating within the tax-exempt sector.
Key Entities Referenced
NEW DELHI: Location of publication.
Incometax Act, 1961: The Act under which the rules are being amended.
Central Board of Direct Taxes: The organization issuing the notification.
Incometax Rules, 1962: The rules being amended by this notification.
Incometax 24th Amendment Rules, 2022: Title of the amendment rules.
Official Gazette: The official publication for the rules.
section 11 of the Act: Section of the Incometax Act, 1961
section 12A of the Act: Section of the Incometax Act, 1961
section 12AB of the Act: Section of the Incometax Act, 1961
section 13 of the Act: Section of the Incometax Act, 1961
section 140 of the Act: Section of the Incometax Act, 1961
section 147 of the Act: Section of the Incometax Act, 1961
section 149 of the Act: Section of the Incometax Act, 1961
section 80G: Section of the Incometax Act, 1961
NEHA SAHAY: Under Secy.
Mayapuri, New Delhi110064: Address of Dte. of Printing
Delhi110054: Address of Controller of Publications
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-10082022-238022
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CG-DL-E-10082022-238022
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (i)
PART II—Section 3—Sub-section (i)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 548] नई दिल्ली, बुधिार, अगस्ट्त 10, 2022/श्रािण 19, 1944
No. 548] NEW DELHI, WEDNESDAY, AUGUST 10, 2022/SHRAVANA 19, 1944
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केंद्रीय प्रत्यक्ष-कर बोडड)
अजधसचू ना
नई दिल्ली, 10 अगस्ट्त, 2022
आयकर
सा.का.जन. 622 (अ).—केंद्रीय प्रत्यक्ष कर बोड,ड आयकर अजधजनयम 1961(1961 का 43) की धारा 295 के साथ
पठित धारा 10 के खडं (23ग) के िसिें परंतुक के खडं (क) और धारा 12क की उपधारा (1) के खडं (ख) के उपखडं (i),
आयकर जनयम 1962 का और संिोधन करने हते ु जनम्नजलजखत जनयम बनाता ह।ै अथाडत्:—
1. सजं क्षप्त नाम और प्रारंभ.— (1) इन जनयमों का संजक्षप्त आयकर (चोजबसिां संिोधन) जनयम, 2022 ह।ै
(2) ये रािपत्र में प्रकािन की तारीख से प्रिृत्त होंगे।
2. आयकर जनयम 1961 में जनयम 17क के पश्चात् जनम्नजलजखत जनयम अंत:स्ट्थाजपत दकया िाएगा अथाडत ्:—
“जनयम 17कक खाता बही तथा अन्य िस्ट्ताििे रखना तथा सरं जक्षत करना.— (1) प्रत्येक जनजध या संस्ट्थान या न्यास
या कोई जिश्वजिद्यालय या अन्य िैजक्षक संस्ट्थान या कोई अस्ट्पताल या जचदकत्सीय संस्ट्थान या कोई अस्ट्पताल या
जचदकत्सीय संस्ट्थान को अजधजनयम की धारा 10 के खंड (23ग) के िसिें परंतुक के खंड (क) या अजधजनयम की धारा 12क
5401 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
की उपधारा (1) के खडं (ख) के उपखंड (i) के अधीन जनम्नजलजखत खाता बही तथा अन्य िस्ट्तािेि रखना तथा सरं जक्षत
करना अपेजक्षत ह,ै अथाडत:्-
(क) खाता बही जिसमें य ेसजममजलत ह ैअथाडत् :-
(i) कैि बुक;
(ii) लेिर;
(iii) िनडल;
(iv) जबल की प्रजतयां, चाह े मिीन संख्यादकत अन्यथा क्रजमक संख्यांदकत, चाह े ऐसे जबल जनधाडठरती द्वारा
िारी दकए गए हो, तथा प्रजतयां या जनधाडठरती द्वारा िारी मिीन संख्यांदकत या अन्यथा क्रजमक
संख्यांदकत रसीिों का प्रजतपण;ड
(v) व्यजि को िहां कहीं भी िारी दकए गए मूल जबल तथा व्यजि द्वारा दकए गए भुगतान संबंधी रसीिें;
(vi) व्यजि द्वारा संपन्न दकए गए संव्यिहार एि ं मामलों की ििा का सही एि ं जनष्पक्ष िजृ िकोण िेने के क्रम
में दकसी अन्य प्रकार की बही जिसे संरजक्षत करना अपेजक्षत हो;
(ख) अजधजनयम की धारा 11 की उपधारा(4) में जनर्ििड व्यापाठरक उपक्रमों के जलए खंड (क) में जनर्ििड खाता बही;
(ग) अजधजनयम की धारा 11 की उपधारा (4) में जनर्ििड व्यापाठरक उपक्रम के अलािा जनधाडठरती द्वारा दकए िा रह े
व्यापार के जलए खंड (क) म ेंजनर्ििड खाता बही ;
(घ) संरक्षण हते ु अन्य िस्ट्तािेि,–
(i) व्यजि द्वारा चलाए िा रह े संस्ट्थान ि पठरयोिनाओं का ठरकाडड, जिसमें उनका नाम पता एिं उद्देश्य का
जििरण सजममजलत ह;ै
(ii) पूिड िर्ड के िौरान व्यजि की आय का ठरकाडड, के संबंध म,ें -
(I) स्ट्िैजछिक अिं िान जिसमें िाता का नाम, पता स्ट्थायी खाता संख्या (यदि उपलब्ध हो) तथा आधार
नबरं (यदि उपलब्ध हो) का जििरण सजममजलत ह;ै
(II) अजधजनयम की धारा 11 के अधीन जनर्ििड न्यास के अधीन संपजत्त से आय, ऐसी संपजत्तयों की सूची
से साथ;
(III) जनजध या संस्ट्थान या न्यास या अन्य जिश्वजिद्यालय या अन्य िजै क्षक संस्ट्थान या अन्य अस्ट्पताल या
अन्य जचदकत्सीय संस्ट्थान मि (I) ि (II) में जनर्ििड अंििान के अलािा;
(iii) पूिड िर्ड के िौरान व्यजि की आय म ेंसे जनम्नजलजखत ठरकाड डअथाडत्:-
(I) भारत में आय का आिेिन, आिेिन की रकम के अंतर्िडि ब्यौरे, उस व्यजि का नाम और पता
जिसको राजि का क्रेजडट या संिाय दकया गया ह ै तथा उद्देश्य जिसके जलए ऐसा आिेिन दकया गया
ह;ै
(II) अजधजनयम की धारा 10 के खंड (23ग) उपखंड (iv) या उपखंड (v) या उपखंड (vi) या उपखंड
(viक) में या अजधजनयम की धारा 112कख के अधीन अन्य न्यास या संस्ट्थान में जनर्ििड दकसी जनजध
या संस्ट्थान या न्यास या अन्य जिश्वजिद्यालय या अन्य िैजक्षक संस्ट्थान या अन्य अस्ट्पताल या अन्य[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3
जचदकत्सीय संस्ट्थान को भुगतान या क्रेजडट की गई राजि जिसमें उनका नाम, पता स्ट्थायी खाता
संख्या तथा उद्देश्य जिसके जलए ऐसा क्रेजडट या भुगतान दकया गया ह,ै का जििरण सजममजलत ह;ै
(III) भारत के बाहर आय का आििे न जिसम ें व्यजि राजि आिेिन के नाम ि पता जिस े क्रेजडट या
भुगतान दकया िा रहा ह ै तथा उद्देश्य जिसके जलए आिेिन दकया गया है, का जििरण आदि
सजममजलत ह;ै
(IV) अजधजनयम की धारा 11 की उपधारा (1) के स्ट्पिीकरण 1 के खंड (2) म ें जनर्ििड आय का माजनत
आिेिन जिसमें ऐस े माजनत उद्देश्य करने का कारण का जििरण भी सजममजलत ह;ै
(V) अजधजनयम की धारा 10 के खडं (23ग) के तीसरे परंतुक के स्ट्पिीकरण 3 या अजधजनयम की धारा
11 की उपधारा (2) के उपबंधों के अनुसार संजचत या पृथक आय जिसे प्रयुि नहीं दकया गया या
प्रयुि माना गया, उस उद्देश्य के जलए जिसमें ऐसी आय संजचत की गई, का जििरण सजममजलत ह;ै
(VI) अजधजनयम की धारा 11 की उपधारा (5) म ेंजिर्नडदिि मोड ि प्ररूप में जनिेजित या िमा धन;
(VII) अजधजनयम की धारा 11 की उपधारा (5) म ें जिर्नडदिि मोड ि प्ररूप के अलािा जनिेजित या िमा
धन;
(iv) अन्य पूिड िर्ड जपिले चाल ूपूिडिती िर्ड म ेंव्यजि की आय से जनम्नजलजखत ठरकाडड अथाडत ् :-
(I) संजचत या पृथक आय से आििे न जिसमें संचयन िर् ड आिेिन राजि पूिड िर्ड के िौरान ऐसे
संचयन से व्यजि का नाम पता जिसे क्रेजडट या भगु तान दकया गया ह ै तथा उद्देश्य जिसके जलए
ऐसा आिेिन दकया गया ह ैका जििरण सजममजलत ह;ै
(II) अजधजनयम की धारा 11 की उपधारा (1) के स्ट्पिीकरण 1 के खंड (2) में जनर्ििड आय का
माजनत आिेिन जिसमें ऐसे माजनत उद्देश्य करने का कारण का जििरण भी सजममजलत ह ै पूि ड
िर्ड के िौरान ऐस े माजनत आििे न राजि व्यजि का नाम या पता जिसे भुगतान ि क्रेजडट दकया
िाना ह ैतथा िह उद्देश्य जिसके जलए आिेिन दकया गया ह;ै
(III) मि (I) और मि (II) में जनर्ििड आिेिन के अलािा आिेिन संजचत आय से बाहर आिेिन जिसमें
संचयन के िर् ड के ब्यौरे को अंतर्िडि करने िाल े दकसी पूिड िर् ड के िौरान संचयन आय का ,व्यजि
का नाम पता जिसे क्रेजडट या भुगतान दकया गया ह ै तथा उद्देश्य जिसके जलए ऐसा आिेिन
दकया गया ह ैका जििरण सजममजलत ह;ै
(IV) अजधजनयम की धारा 11 की उपधारा (5) म ेंजिर्नडदिि मोड ि प्ररूप में जनिेजित या िमा धन;
(V) अजधजनयम की धारा 11 की उपधारा (5) में जिर्नडदिि मोड ि प्ररूप के अलािा जिजनिेजित या
िमा धन;
(v) दकए गए स्ट्िैजछिक अंििान का ठरकाडड जनर्ििड दििा-जनिेि के साथ दक िे सग्रं ह का भाग बनाएंगे, के संबंध
म-ें
(I) जपिल े िर् ड के िौरान प्राप्त योगिान जिसमें िाता का नाम, पता, स्ट्थायी खाता संख्या (यदि
उपलब्ध हो) तथा आधार नबंर (यदि उपलब्ध हो) का जििरण सजममजलत है;
(II) मि (I) में जनर्ििड ऐसे स्ट्िैजछिक अंििान का आिेिन जिसमें अिं िान की राजि, व्यजि का नाम
ि पता जिसे भगु तान ि क्रेजडट दकया िाना ह ैतथा उद्देश्य जिसके जलए आिेिन दकया गया है;4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(III) अजधजनयम की धारा 10 के खडं (23ग) या उपखंड (viक) या उपखंड (vi) या उपखंड (v) या
उपखंड (iv) में जनर्ििड दकसी अन्य जनजध या संस्ट्थान या न्यास या अन्य जिश्वजिद्यालय या अन्य
िैजक्षक संस्ट्थान या अन्य अस्ट्पताल या अन्य जचदकत्सीय संस्ट्थान को भुगतान क्रेजडट की गई
राजि या अजधजनयम की धारा 12कख के अधीन रजिस्ट्री अन्य रस्ट्ट या संस्ट्थान जिसमें उनका
नाम, पता स्ट्थायी खाता संख्या तथा उद्देश्य जिसके जलए ऐसा क्रेजडट या भुगतान दकया गया ह ै
का जििरण सजममजलत ह;ै
(IV) अजधजनयम की धारा 11 की उपधारा (5) में जनर्ििड प्ररूप तथा मोड जिसमें प्राप्त स्ट्िैजछिक
अंििान, पूिड िर्ड के िौरान िमा या जनिेजित दकया गया;
(V) अजधजनयम की धारा 11 की उपधारा (5) में जिर्नडदिि मोड ि प्ररूप के अजतठरि जनिेजित या
िमा धन, जिसमें जपिल े िर्ड के िौरान प्राप्त ऐसा स्ट्िैजछिक अंििान जनिेजित या िमा दकया
गया हो;
(VI) जपिल े िर् ड स े पहल े दकसी भी पूिडिती िर् ड के िौरान प्राप्त हुआ ऐस े स्ट्िैजछिक अंििान का
आिेिन, जिसमें आिेिन की राजि का जििरण सजममजलत है, ऐसे माजनत आिेिन राजि व्यजि
का नाम या पता जिसे भुगतान ि क्रेजडट दकया िाना ह ै तथा उद्देश्य जिसके जलए आिेिन दकया
गया ह;ै
(VII) अजधजनयम की धारा 10 के खंड (23ग) या उपखंड (viक) या उपखंड (vi) या उपखंड (v) या
उपखंड (iv) में जनर्ििड दकसी अन्य जनजध या संस्ट्थान या न्यास या अन्य जिश्वजिद्यालय या अन्य
िैजक्षक संस्ट्थान या अन्य अस्ट्पताल या अन्य जचदकत्सीय संस्ट्थान को भुगतान क्रेजडट की गई
राजि या अजधजनयम की धारा 12कख के अधीन रजिस्ट्री अन्य रस्ट्ट या संस्ट्थान जिसमें उनका
नाम, पता स्ट्थायी खाता संख्या तथा उद्देश्य जिसके जलए ऐसा क्रेजडट या भुगतान दकया गया ह ै
का जििरण सजममजलत ह;ै
(VIII) अजधजनयम की धारा 11 की उपधारा(5) म ें जनर्िडि प्ररूप तथा मोड जिसम ें ऐसे स्ट्िैजछिक
अंििान पूिड िर्ड के िौरान, जपिले पूिडिती िर्ड म े प्राप्त हुए ह ै और उन्ह ें िमा या जनिेजित
दकया गया ह;ै
(IX) अजधजनयम की धारा 11 की उपधारा (5) म ें जनर्ििड प्ररूप तथा मोड के अलािा गत िर्ड जपिल े
पूिडिती िर्ड के िौरान प्राप्त स्ट्िैजछिक अंििान में धन िमा या जनिेजित दकया गया ह;ै
(X) ऐसे स्ट्िैजछिक अंििान म ें िमा या जनिेजित राजि (जिसे अन्य पूिडिती िर् ड के िौरान प्रयिु
दकया गया था और आिेिन के अनुसार िािा नहीं दकया गया) धारा 11 की उपधारा (5) में
जनर्ििड प्ररूप एिं मोड में ऐसे स्ट्िैजछिक अंििान िमा या जनिेजित का जििरण भी सजममजलत
रह;े
(vi) धारा 80ि की उपधारा(2) के खंड (ख) के अधीन अजधसूजचत मंदिर, मजस्ट्िि, गुरूद्वारा, चचड के निीकरण या
मरममत के प्रयोिनाथ ड प्राप्त अिं िान का ठरकाडड जिसे धारा 10 के खंड 23(ग) के तीसरे परंतकु के स्ट्पिीकरण 1क
या धारा 11 की उपधारा(1) के स्ट्पिीकरण 3क म ेंजनर्ििड संग्रह की तरह माना गया ह ैके संबंध में,-
(I) जपिल े िर् ड के िौरान प्राप्त योगिान जिसमें िाता का नाम, पता, स्ट्थायी खाता संख्या (यदि
उपलब्ध हो) तथा आधार नबंर (यदि उपलब्ध हो) का जििरण सजममजलत ह;ै[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 5
(II) पूिड िर्ड के जपिल े पूिडिती िर्ड के िौरान प्राप्त अंििान जिसे संग्रह की तरह माना गया जिसम ें
िाता का ना ि पता, स्ट्थायी खाता संख्या (यदि उपलब्ध हो) तथा आधार संख्या (यदि उपलब्ध
हो) का जििरण सजममजलत ह;ै
(III) मि (I) एिं मि (II) में जनर्ििड ऐसे स्ट्िैजछिक अंििान का आिेिन जिसमें अंििान की राजि,
व्यजि का नाम ि पता जिसे भगु तान ि क्रेजडट दकया िाना ह ै तथा उद्देश्य जिसके जलए आिेिन
दकया गया ह;ै
(IV) अजधजनयम की धारा 10 के खंड (23ग) या उपखंड (viक) या उपखंड (vi) या उपखंड (v) या
उपखंड (iv) म ें जनर्ििड दकसी अन्य जनजध या संस्ट्थान या न्यास या अन्य जिश्वजिद्यालय या अन्य
िैजक्षक संस्ट्थान या अन्य अस्ट्पताल या अन्य जचदकत्सीय संस्ट्थान को भुगतान, क्रेजडट की गई
राजि या अजधजनयम की धारा 12कख के अधीन रजिस्ट्री अन्य रस्ट्ट या संस्ट्थान जिसमें उनका
नाम, पता स्ट्थायी खाता संख्या तथा उद्देश्य जिसके जलए ऐसा क्रेजडट या भुगतान दकया गया है,
का जििरण सजममजलत ह;ै
(V) अजधजनयम की धारा 11 की उपधारा(5) में जनर्ििड प्ररूप तथा मोड ऐसे संग्रह म,ें पूिड िर्ड के
िौरान िमा या जनिेजित दकया गया;
(VI) अजधजनयम की धारा 11 की उपधारा (5) में जिर्नडदिि मोड ि प्ररूप के अलािा जनिेजित या
िमा धन, जिसमें जपिल े िर्ड के िौरान प्राप्त ऐसा स्ट्िैजछिक अंििान जनिेजित या िमा दकया
गया हो;
(VII) ऐसे संग्रह स े आिेिन प्राप्त जपिल े िर् ड से पहल े दकसी भी पूिडिती िर् ड के िौरान प्राप्त हुआ ऐसे
स्ट्िैजछिक अंििान का आिेिन, जिसमें आिेिन की राजि का जििरण सजममजलत ह,ै ऐसे माजनत
आिेिन राजि व्यजि का नाम या पता जिसे भुगतान ि क्रेजडट दकया िाना ह ैतथा उद्देश्य जिसके
जलए आिेिन दकया गया ह;ै
(VIII) अजधजनयम की धारा 10 के खडं (23ग) या उपखंड (viक) या उपखंड (vi) या उपखंड (v) या
उपखंड (iv) में जनर्ििड दकसी कोर् में भुगतान या िमा की गई राजि, अन्य जनजध या संस्ट्थान या
न्यास या अन्य जिश्वजिद्यालय या अन्य िैजक्षक संस्ट्थान या अन्य अस्ट्पताल या अन्य जचदकत्सीय
संस्ट्थान को भुगतान, क्रेजडट की गई राजि या अजधजनयम की धारा 12कख के अधीन रजिस्ट्री
अन्य रस्ट्ट या संस्ट्थान जिसमें उनका नाम, पता स्ट्थायी खाता संख्या तथा उद्देश्य जिसके जलए
ऐसा क्रेजडट या भुगतान दकया गया ह,ै का जििरण सजममजलत ह;ै
(IX) अजधजनयम की धारा 11 की उपधारा(5) में जनर्ििड प्ररूप तथा मोड जिसमें ऐसे संग्रह पूिड िर्ड
जपिले पूििती िर्ड के िौरान प्राप्त हुए ह,ैं प्ररूप तथा मोड में धन िमा या जनिेजित,
अजधजनयम की धारा 11 की उपधारा (5) के अलािा ऐसे संग्रह जिसमें पूिड िर्ड जपिले पूिडिती
िर्ड के िौरान िमा या जनिेजित दकए गए;
(vii) ऋण एिं उधार का ठरकाड,ड -
(I) ऋण या उधार की राजि ि तारीख के संबंध में अंतर्िडि िानकारी, िाजपस भुगतान की राजि ि
तारीख, व्यजि का नाम जिससे ऋण जलया गया, ऋणिाता का पता, स्ट्थायी खाता संख्या तथा
आधार संख्या (यदि उपलब्ध हो) ;6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(II) ऐसे ऋण या उधार से आिेिन जिसमें अंतर्िडि राजि का जििरण, व्यजि का नाम ि पता जिसे
दकसी प्रकार का भुगतान या क्रेजडट दकया गया तथा उद्देश्य जिसके जलए ऐसा आिेिन दकया गया
ह;ै
(III) ऐसे पूिड िर्ड के जपिले पूिडिती िर्ड के िौरान ऋण या उधार से प्राप्त आिेिन जिसमें अंतर्िडि
राजि का जििरण, व्यजि का नाम ि पता जिसे अन्य क्रेजडट या भुगतान दकया गया;
(IV) ऐसे ऋण या उधार का पूि ड िर्ड के िौरान िापसी भुगतान( जिसे जपिले पूिडिती िर् ड के िौरान
प्रयुि दकया गया तथा आिेिनानुसार िािा नहीं दकया गया);
(viii) जनधाडठरती द्वारा धाठरत संपजत्तयों का ठरकाडड, जनम्नजलजखत से संबंध म ेंअथाडत,् -
(I) अचल संपजत्त जिसमें अंतर्ििड जििरण सजममजलत हो,
(i) संपजत्तयों की प्रकृजत तथा पता, आजस्ट्त के अजधग्रहण की लागत, आजस्ट्त के रजिस्ट्री िस्ट्ताििे ;
(ii) ऐसी संपजत्तयों का अंतरण, नई पूंिीगत आजस्ट्त के अजधग्रहण में उपयोग दकया गया िुद्ध
प्रजतफल;
(II) चल संपजत्त जिसमें आजस्ट्त की प्रकृजत तथा अजधग्रहण की लागत का जििरण;
(ix) अजधजनयम की धारा 13 की उपधारा (3) के जनर्ििड जनर्ििड व्यजियों का ठरकाडड,-
(I) उनके नाम, पता, स्ट्थायी खाता संख्या तथा आधार संख्या (यदि उपलब्ध हो) का जििरण
सजममजलत ह;ै
(II) जनजध या संस्ट्थान या न्यास या कोई जिश्वजिद्यालय या अन्य िजै क्षक संस्ट्थान या कोई अस्ट्पताल या
जचदकत्सीय संस्ट्थान या कोई अस्ट्पताल या जचदकत्सीय संस्ट्थान को अजधजनयम की धारा 13 की
उपधारा (3) में जनर्ििड व्यजियों के साथ दकया गया संव्यिहार जिसमें ऐसे संव्यिहार की राजि
तथा तारीख, प्रकृजत तथा इस बात की पुजि के जलए िस्ट्तािेि दक ऐसे संव्यिहार जनर्ििड व्यजि के
प्रत्यक्ष या परोक्ष रूप स ेजहत के जलए नहीं ह;ै
(x) अन्य िस्ट्तािेि जिसमें अंतर्िडि सुसंगत िानकारी सजममजलत है।
2. खाता बही तथा उपजनयम (1) म ें जिजनर्ििड जिन्ह ें जलजखत रूप में या इलैक्ट्राजनक रूप म ें या जडजिटल रूप में या आंकडों
का जप्रन्ट आउट जिसे इलैक्ट्राजनक रूप या जडजिटल रूप या अन्य दकसी रूप में िैसे इलैक्ट्रोमैग्नठै टक डाटा स्ट्टोरेि जडिाइस म ें
रखा िाए।
3. उपजनयम (1) म ें जिजनर्ििड खाता बही तथा अन्य िस्ट्तािेि रस्ट्ट या संस्ट्थान द्वारा इसके रजिस्ट्री कायाडलय में रखे ि
संरजक्षत दकए िाएंग:े
परंतु उपजनयम (1) में जनर्ििड समस्ट्त खाता बही तथा अन्य िस्ट्तािेि भारत में ऐसे अन्य स्ट्थान पर रखे िाएंग े
िैसा दक प्रबंधन संकल्प द्वारा जनणडय ले सकते ह ैं और िब एक बार संकल्प पाठरत हो गया रस्ट्ट या संस्ट्थान सात दिनों के
भीतर क्षेत्राजधकार जनधाडरण अजधकारी को जलजखत में उस स्ट्थान का पता सूजचत करेगा और ऐसी सूचना उस व्यजि द्वारा
जिजधित रूप से हस्ट्ताक्षठरत एिं सत्याजपत की िाएगी िो अजधजनयम की धारा 140 के अधीन आयकर जििरणी सत्याजपत
करने हते ु अजधकृत ह,ै िसै ा दक जनधाडठरती को प्रयोज्य ह।ै
4. उपजनयम(1) में जनर्ििड खाता बही तथा अन्य िस्ट्तािेि ससु ंगत जनधाडरण िर्ड के अंत से 10 िर्ड की अिजध के जलए रख ें
तथा संरजक्षत दकए िाएंगे **** परंतु िब दकसी जनधाडरण िर्ड के संबंध में जनधाडरण अजधजनयम की धारा 147 के अधीन दफर
से खोले गए ह,ैं अजधजनमय की धारा 149 में जनर्ििड अिजध के भीतर खाता बही तथा अन्य िस्ट्तािेि िो दक दफर से खोलने[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 7
के समय रखे तथा संरजक्षत दकए गए ह,ैं उन्ह ें तब तक रखा ि संरजक्षत दकया िाएगा िब तक दक दफर से खोला गया
जनधाडरण समापक नहीं हो िाता”।”
[अजधसूचना सं. 94/2022/फा. सं.370142/34/2022-टीपीएल]
नेहा सहाय, अिर सजचि
ठटप्पण: मूल जनयम भारत के रािपत्र, असाधारण, भाग- II, धारा-3, उप-धारा (ii) में अजधसूचना सख्ं या का.आ. 969 (अ)
तारीख 26 माच,ड 1962 में प्रकाजित दकए गए थ ेऔर अजधसूचना संख्या सा.का.जन 610(अ) तारीख 1 अगस्ट्त,
2022 द्वारा अंजतम संिोधन दकया गया था।
MINISTRY OF FINANCE
(Department of Revenue)
[CENTRAL BOARD OF DIRECT TAXES]
NOTIFICATION
New Delhi, the 10th August, 2022
INCOME-TAX
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:-
(a) books of account, including the following, namely: -
(i) cash book;
(ii) ledger;
(iii) journal;
(iv) copies of bills, whether machine numbered or otherwise serially numbered, wherever such bills
are issued by the assessee, and copies or counterfoils of machine numbered or otherwise serially
numbered receipts issued by the assessee;
(v) original bills wherever issued to the person and receipts in respect of payments made by the
person;
(vi) any other book that may be required to be maintained in order to give a true and fair view of the
state of the affairs of the person and explain the transactions effected;
(b) books of account, as referred in clause (a), for business undertaking referred in sub-section (4) of section
11 of the Act;
(c) books of account, as referred in clause (a), for business carried on by the assessee other than the business
undertaking referred in sub-section (4) of section 11 of the Act;
(d) other documents for maintaining, -8 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(i) record of all the projects and institutions run by the person containing details of their name, address
and objectives;
(ii) record of income of the person during the previous year, in respect of, -
(I) voluntary contribution containing details of name of the donor, address, permanent account
number (if available) and Aadhaar number (if available);
(II) income from property held under trust referred to under section 11 of the Act along with list
of such properties;
(III) income of fund or institution or trust or any university or other educational institution or any
hospital or other medical institution other than the contribution referred in items (I) and (II);
(iii) record of the following, out of the income of the person during the previous year, namely: -
(I) application of income, in India, containing details of amount of application, name and
address of the person to whom any credit or payment is made and the object for which such
application is made;
(II) amount credited or paid to any fund or institution or trust or any university or other
educational institution or any hospital or other medical institution referred to in sub-clause
(iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section 10 of
the Act or other trust or institution registered under section 12AB of the Act, containing
details of their name, address, permanent account number and the object for which such
credit or payment is made;
(III) application of income outside India containing details of amount of application, name and
address of the person to whom any credit or payment is made and the object for which such
application is made;
(IV) deemed application of income referred in clause (2) of Explanation 1 of sub-section (1) of
section 11 of the Act containing details of the reason for availing such deemed application;
(V) income accumulated or set apart as per the provisions of the Explanation 3 to the third
proviso to clause (23C) of section 10 or sub-section (2) of section 11 of the Act which has
not been applied or deemed to be applied containing details of the purpose for which such
income has been accumulated;
(VI) money invested or deposited in the forms and modes specified in sub-section (5) of section
11 of the Act;
(VII) money invested or deposited in the forms and modes other than those specified in sub-
section (5) of section 11 of the Act;
(iv) record of the following, out of the income of the person of any previous year preceding the current
previous year, namely: -
(I) application out of the income accumulated or set apart containing details of year of
accumulation, amount of application during the previous year out of such accumulation,
name and address of the person to whom any credit or payment is made and the object for
which such application is made;
(II) application out of the deemed application of income referred to in clause (2) of Explanation
1 of sub-section (1) of section 11 of the Act, for any preceding previous year, containing
details of year of deemed application, amount of application during the previous year out of
such deemed application, name and address of the person to whom any credit or payment is
made and the object for which such application is made;
(III) application, other than the application referred in item (I) and item (II), out of income
accumulated during any preceding previous year containing details of year of accumulation,
amount of application during the previous year out of such accumulation, name and address
of the person to whom any credit or payment is made and the object for which such
application is made;
(IV) money invested or deposited in the forms and modes specified in sub-section (5) of section
11 of the Act;
(V) money invested or deposited in the forms and modes other than those specified in sub-
section (5) of section 11 of the Act;[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 9
(v) record of voluntary contribution made with a specific direction that they shall form part of the
corpus, in respect of-
(I) the contribution received during the previous year containing details of name of the donor,
address, permanent account number (if available) and Aadhaar number (if available);
(II) application out of such voluntary contribution referred to in item (I) containing details of
amount of application, name and address of the person to whom any credit or payment is
made and the object for which such application is made;
(III) amount credited or paid towards corpus to any fund or institution or trust or any university
or other educational institution or any hospital or other medical institution referred to in sub-
clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section
10 of the Act or other trust or institution registered under section 12AB of the Act, out of
such voluntary contribution received during the previous year containing details of their
name, address, permanent account number and the object for which such credit or payment
is made;
(IV) the forms and modes specified in sub-section (5) of section 11 of the Act in which such
voluntary contribution, received during the previous year, is invested or deposited;
(V) money invested or deposited in the forms and modes other than those specified in sub-
section (5) of section 11 of the Act in which such voluntary contribution, received during the
previous year, is invested or deposited;
(VI) application out of such voluntary contribution, received during any previous year preceding
the previous year, containing details of the amount of application, name and address of the
person to whom any credit or payment is made and the object for which such application is
made;
(VII) amount credited or paid towards corpus to any fund or institution or trust or any university
or other educational institution or any hospital or other medical institution referred to in sub-
clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section
10 of the Act or other trust or institution registered under section 12AB of the Act, out of
such voluntary contribution received during any year preceding the previous year,
containing details of their name, address, permanent account number and the object for
which such credit or payment is made;
(VIII) the forms and modes specified in sub-section (5) of section 11 of the Act in which such
voluntary contribution, received during any previous year preceding the previous year, is
invested or deposited;
(IX) money invested or deposited in the forms and modes other than those specified in sub-
section (5) of section 11 of the Act in which such voluntary contribution, received during
any previous year preceding the previous year, is invested or deposited;
(X) amount invested or deposited back in to such voluntary contribution (which was applied
during any preceding previous year and not claimed as application) including details of the
forms and modes specified in sub-section (5) of section 11 in which such voluntary
contribution is invested or deposited;
(vi) record of contribution received for the purpose of renovation or repair of temple, mosque, gurdwara,
church or other place notified under clause (b) of sub-section (2) of section 80G which is being
treated as corpus as referred in Explanation 1A to the third proviso to clause (23C) of section 10 or
Explanation 3A to sub-section (1) of section 11, in respect of,-
(I) the contribution received during the previous year containing details of name of the donor,
address, permanent account number (if available) and Aadhaar number (if available);
(II) contribution received during any previous year preceding the previous year, treated as
corpus during the previous year, containing details of name of the donor, address, permanent
account number (if available) and Aadhaar number (if available);
(III) application out of such voluntary contribution referred to in item (I) and item (II) containing
details of amount of application, name and address of the person to whom any credit or
payment is made and the object for which such application is made;
(IV) amount credited or paid towards corpus to any fund or institution or trust or any university
or other educational institution or any hospital or other medical institution referred to in sub-10 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section
10 of the Act or other trust or institution registered under section 12AB of the Act, out of
such voluntary contribution received during the previous year containing details of their
name, address, permanent account number and the object for which such credit or payment
is made;
(V) the forms and modes specified in sub-section (5) of section 11 of the Act in which such
corpus, received during the previous year, is invested or deposited;
(VI) money invested or deposited in the forms and modes other than those specified in sub-
section (5) of section 11 of the Act in which such corpus, received during the previous year,
is invested or deposited;
(VII) application out of such corpus, received during any previous year preceding the previous
year, containing details of amount of application, name and address of the person to whom
any credit or payment is made and the object for which such application is made;
(VIII) amount credited or paid to towards corpus any fund or institution or trust or any university
or other educational institution or any hospital or other medical institution referred to in sub-
clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section
10 of the Act or other trust or institution registered under section 12AB of the Act, out of
such voluntary contribution received during any year preceding the previous year,
containing details of their name, address, permanent account number and the object for
which such credit or payment is made;
(IX) the forms and modes specified in sub-section (5) of section 11 of the Act in which such
corpus, received during any previous year preceding the previous year, is invested or
deposited; money invested or deposited in the forms and modes other than those specified
in sub-section (5) of section 11 of the Act in which such corpus, received during any
previous year preceding the previous year, is invested or deposited;
(vii) record of loans and borrowings,-
(I) containing information regarding amount and date of loan or borrowing, amount and date of
repayment, name of the person from whom loan taken, address of lender, permanent account
number and Aadhaar number( if available) of the lender;
(II) application out of such loan or borrowing containing details of amount of application, name
and address of the person to whom any credit or payment is made and the object for which
such application is made;
(III) application out of such loan or borrowing, received during any previous year preceding the
previous year, containing details of amount of application, name and address of the person
to whom any credit or payment is made;
(IV) repayment of such loan or borrowing (which was applied during any preceding previous
year and not claimed as application) during the previous year;
(viii) record of properties held by the assessee, with respect to the following, namely, -
(I) immovable properties containing details of,
(i) nature, address of the properties, cost of acquisition of the asset, registration documents
of the asset;
(ii) transfer of such properties, the net consideration utilised in acquiring the new capital
asset;
(II) movable properties including details of the nature and cost of acquisition of the asset;
(ix) record of specified persons, as referred to in sub-section (3) of section 13 of the Act,-
(I) containing details of their name, address, permanent account number and Aadhaar number
(if available);
(II) transactions undertaken by the fund or institution or trust or any university or other
educational institution or any hospital or other medical institution with specified persons as
referred to in sub-section (3) of section 13 of the Act containing details of date and amount
of such transaction, nature of the transaction and documents to the effect that such
transaction is, directly or indirectly, not for the benefit of such specified person;[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 11
(x) any other documents containing any other relevant information.
(2) The books of accounts and other documents specified in sub-rule (1) may be kept in written form or in electronic
form or in digital form or as print-outs of data stored in electronic form or in digital form or any other form of
electromagnetic data storage device.
(3) The books of account and other documents specified in sub-rule (1) shall be kept and maintained by the fund or
institution or trust or any university or other educational institution or any hospital or other medical institution at its
registered office:
Provided that all or any of the books of account and other documents as referred to in sub-rule (1) may be kept at
such other place in India as the management may decide by way of a resolution and where such a resolution is
passed, the fund or institution or trust or any university or other educational institution or any hospital or other
medical institution shall, within seven days thereof, intimate the jurisdictional Assessing Officer in writing giving the
full address of that other place and such intimation shall be duly signed and verified by the person who is authorised
to verify the return of income under section 140 of the Act, as applicable to the assessee.
(4) The books of account and other documents specified in sub-rule (1) shall be kept and maintained for a period of
ten years from the end of the relevant assessment year:
Provided that where the assessment in relation to any assessment year has been reopened under section 147 of the Act
within the period specified in section 149 of the Act, the books of account and other documents which were kept and
maintained at the time of reopening of the assessment shall continue to be so kept and maintained till the assessment
so reopened has become final.”.
[Notification No. 94/2022/ F. No. 370142/34/2022-TPL]
NEHA SAHAY, Under Secy.
Note: The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii)
vide number S.O. 969 (E) dated the 26th March, 1962 and last amended vide notification number G.S.R. 610
dated 1st August, 2022.
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.