Notification No : 27
Section(s) Referred : s. 295 ,s. 139(4C)
Date of Issue : 28/1/2003
Notification No. 27 of 2003, dt. 28th Jan., 2003
In exercise of the powers conferred by section 295 read with sub-section (4C) of section 139 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 (Second Amendment) Rules, 2003.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Income-tax Rules, 1962, in sub-r. (1) of rule 12,-
(a) in the opening portion, after the words, figure and letter “sub-section (4B)”, the words, figure and letter “or sub-section (4C)” shall be inserted;
(b) after clause (d), the following clause shall be inserted, namely :
“(e) in the case of a person required to file a return under sub-section (4C) of section 139, be in Form No. 3A and be verified in the manner indicated therein.”
Note : The principal rules were published vide Notification No. S.O. 969(E), dt. the 26th March, 1962 and last amended vide Notification S.O. 46(E) dt. the 15th Jan.,2003.
[F. No. 142/33/2002-TPL]
