CBDT vide notification dated 29 July 2021 [Notification No. 83/2021/F. No. 370142/30/2021-TPL] has omitted certain Rules due to provisions becoming redundant owing to omission or applicability of such provisions not relevant now as the same has expired long time ago. Further, the same is to ease the burden of the taxpayer in certain circumstances where they were required to furnish forms to support their claim either through self-certification or by obtaining certification issued by Accountant’s.

Summary of the Rules and Forms thereunder omitted vide the said notification has been provided as under

  • Rule No 5A – Form No 3AA – Form of report by an accountant for claiming deduction under section 32(1)(iia)
  • Rule No 5AB – Form No 3AAA – Report of audit of accounts to be furnished under section 32AB(5) i.e. Investment in Development account for the purpose of purchase of aircraft, ship, plant & machinery as per the Scheme framed by Government or Tea Board as the case may be

Omission of Rules by CBDT - Notification

  • Rule No 6ABB – Form No 3AE – Form of audit report for claiming deductions under sections 35D (amortization of preliminary expenses) and 35E (Deduction for expenditure on prospecting, etc., for certain minerals)
  • “Rule No 12B – Form No Form 63 – UTI
  • Form 63A – Mutual Funds – Distribution of income by UTI or Specified Mutual funds u/s 115R”
  • Rule No 12BA – Form No 63AA – Securitization trust distributing income to its investors liable to deduct additional income tax on oe before June 2016
  • Rule No 16D – Form No 56F – Accountant’s report for claiming exemption u/s 10A(5) i.e undertaking established under Free Trade Zone with respect to income from such undertaking
  • Rule No 16DD – Form No 56FF – Accountant’s report for furnishing particulars of new plant and machinery by the undertaking established under Free Trade Zone u/s 10A(1B)(b)
  • Rule No 16E – Form No 56G – Accountant’s report for claiming exemption u/s 10B i.e with respect to profits of the entity being 100% export oriented undertaking (no exemption allowed post AY 11-12)
  • Rule No 16F – Form No 56H – Accountant’s report for claiming exemption us/ 10BA for export of certain article and things (No exemption post AY 09-10)
  • Rule No 18B – Form No 10C – Accountant’s report for claiming deduction us/ 80HH for entity established in backward area or hotel provided operation commenced on or before April 1990
  • Rule No 18BB – Form No 10CC – Accountant’s report for claiming deduction us/ 80HHA for small scale entity established in certain area provided operation commenced on or before April 1990
  • Rule No 18BBA – Form No 10CCAA to 10CCL – Accountant’s report for claiming deduction us/ 80HHB (projects outside India)/ 80HHC (Housing projects in certain areas)/ 80HHD (earning in Foreign exchange)
  • Rule No 18DD – Form No 10CCBC – Accountant’s report for deduction u/s 80IB (11B) for hospitals established (constructed on or before March 2008)
  • Rule No 18DDA – Form No 10CCBD – Accountant’s report for deduction u/s 80IB(11C) for hospitals established (constructed on or before March 2013)
  • Rule No 20AB – Form No 10DB or 10DC – Certificate to support the STT paid on securities or MF when claiming income under PGBP (Applicable till AY 08-09)
  • Rule No 29AA – Form No 10HA – Deduction in respect to royalty income from foreign enterprise u/s 80-O (Applicable till AY 04-05)
  • “Rule No 29D – Form No 15-I (subcontractor)
  • 15J – (Deductor of TDS) – Declaration u/s 194C with respect to payment for contract manufacturing”
  • Rule No 37 – Form No 24/ 26 – Return of TDS u/s 206 (Applicable till 31 March 2005)
  • Rule No 37E – Form No 27E – TCS u/s 206C(5A) (Applicable till 31 March 2005)
  • Rule No 37F – Form No – Authority prescribed to whom return under Rule 37E were to be submitted
  • Rule No 44A – Form No 34A – Application to AO for clearance certificate w.r.t immovable property u/s 230A (omitted since June 2001)
  • Rule No 48 – Form No 37 – Reference to High Court by the ITAT for order passed before 01 October 1998 involving question of law
  • Rule No 123 – Form No 54 – Obtaining certified copy of notices u/s 281A (Repealed with effect from 19-May-1988)
  • Rule No 124 – Form No – Fees for obtaining certified copy of notice under Rule 123

Disclaimer: It may be noted that the above details are for information purpose only and shall not be considered as any recommendation/ advice. Decision if any shall be made considering the provisions of the Income Tax Act, 1961 or post consulting with your tax advisor.

Notification No. 83/2021-Income Tax | Dated: 29th July, 2021

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