Notification No : 189
Section(s) Referred : s. 295
Date of Issue : 1/8/2003
Notification No. 189 of 2003, dt. 1st August, 2003
In exercise of the powers conferred by section 296 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 (Fourteenth Amendment) Rules, 2003.
(2) They shall come into force on the date of publication in the Official Gazette.
2. In the Income-tax Rules, 1962,–
(a) in Part VI, in rule 29C,-
(i) after sub-rule (1), the following sub-rule shall be inserted, namely:–
“(1A) A declaration under sub-section (1C) of section 197A by an individual resident in India, who is of the age of sixty-five years or more at any time during the previous year and is entitled to a deduction from the amount of income-tax on his total income referred to in section 88B shall be in Form No. 15H and shall be verified in the manner indicated therein.”;
(ii) in sub-rule (2), after the words, brackets and figure “sub-rule
(1)”, the words, brackets, figure and letter “or sub-rule (1A)” shall be inserted;
(b) in Appendix II, after Form No. 15G, shall be inserted.