Income-Tax
(Second Amendment) Rules, 2013- Amendment in Rules 31A & 31AA; Substitution
of Rules 31ACB, 37J and Form Nos. 15G, 15H, 16, 16A, 24Q, 26Q, 27C, 27D, 27Q
& 27EQ and Insertion of Form No. 26B
Notification No.
11/2013, [F.NO.142/31/2012-SO(TPL)]/SO 410(E), dated 19-02-2013
In exercise of
the powers conferred by 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. (1) These rules
may be called the Income-tax (2nd Amendment) Rules, 2013.
(2) They shall come into force on the date
of their publication in the Official Gazette.
2. In the
Income-tax Rules, 1962, (hereinafter referred to as the said rules) in rule
31A,-
(a) in
sub-rule (3),-
(A) in clause (i),
for item (b), the following items shall be substituted, namely:-
"(b)
furnishing the statement electronically under digital signature in accordance
with the procedures, formats and standards specified under sub-rule (5);
(c)
furnishing the statement electronically along with the verification of the
statement in Form 27A or verified through an electronic process in accordance
with the procedures, formats and standards specified under sub-rule (5)";
(B) in clause (ii),
for the words, brackets and letters "item (b) of clause (i)",
the words, brackets and letters "item (b) or item (c) of
clause (i)" shall be substituted;
(C) in clause (iii),
for the words, brackets and letters "item (b) of clause (i)",
the words, brackets and letters "item (b) or item (c) of
clause (i)" shall be substituted;
(b) after
sub-rule (3), the following sub-rule shall be inserted, namely:-
"(3A) A
claim for refund, for sum paid to the credit of the Central Government under
Chapter XVII-B, shall be furnished by the deductor in Form 26B electronically
under digital signature in accordance with the procedures, formats and
standards specified under sub-rule (5).";
(c) in
sub-rule (4), after clause (vii), the following clause shall be
inserted, namely:-
viii) furnish
particulars of amount paid or credited on which tax was not deducted in view of
the notification issued under sub-section (1F) of section 197A.";
(d) for
sub-rule (5), the following sub-rule shall be substituted, namely:-
"(5) The
Director General of Income-tax (Systems) shall specify the procedures, formats
and standards for the purposes of furnishing and verification of the statements
or claim for refund in Form 26B and shall be responsible for the day-to-day
administration in relation to furnishing and verification of the statements or
claim for refund in Form 26B in the manner so specified.".
3. in rule 31AA of
the said rules,-
(a) in
sub-rule (3),-
(A)
in clause (i), for item (b), the following items shall be
substituted, namely:-
"(b)
furnishing the statement electronically under digital signature in accordance
with the procedures, formats and standards specified under sub-rule (5);
(c)
furnishing the statement electronically along with the verification of the
statement in Form 27A or verified through an electronic process in accordance
with the procedures, formats and standards specified under sub-rule (5);";
(B) in clause (ii),
for the words, brackets and letters "item (b) of clause (i)"
the words, brackets and letters "item (b) or item (c) of
clause (i)" shall be substituted;
(C) in clause (iii),
for the words, brackets and letters "item (b) of clause (i)",
the words, brackets and letters "item (b) or item (c) of
clause (i)" shall be substituted;
(b) in
sub-rule (4), after clause (iv), the following clause shall be inserted,
namely:-
"(v)
furnish particulars of amount received or debited on which tax was not
collected in view of the furnishing of declaration under sub-section (1A) of
section 206C by the buyer. ";
(c) for
sub-rule (5), the following sub-rule shall be substituted, namely:-
"(5) The
Director General of Income-tax (Systems) shall specify the procedures, formats
and standards for the purposes of furnishing and verification of the statements
and shall be responsible for the day-to-day administration in relation to
furnishing and verification of the statements in the manner so
specified.".
4. For rule 31ACB
of the said rules, the following rule shall be substituted, namely:-
"31ACB. Form
for furnishing certificate of accountant under the first proviso to sub-section
(1) of section 201.—(1) The certificate from an accountant under the first
proviso to sub-section (1) of section 201 shall be furnished in Form 26A to the
Director General of Income-tax (Systems) or the person authorised by the
Director General of Income-tax (Systems) in accordance with the procedures,
formats and standards specified under sub-rule (2), and verified in accordance
with the procedures, formats and standards specified under sub-rule (2).
(2) The Director
General of Income-tax (Systems) shall specify the procedures, formats and standards
for the purposes of furnishing and verification of the Form 26A and be
responsible for the day-to-day administration in relation to furnishing and
verification of the Form 26A in the manner so specified.".
5. For rule 37J of
the said rules, the following rule shall be substituted, namely:-
"37J. Form
for furnishing certificate of accountant under the first proviso to sub-section
(6A) of section 206C.—(1) The certificate from an accountant under
the first proviso to sub-section (6A) of section 206C shall be furnished in
Form 27BA to the Director General of Income-tax (Systems) or the person
authorised by the Director General of Income-tax (Systems) in accordance with
the procedures, formats and standards specified under sub-rule (2) and verified
in accordance with the procedures, formats and standards specified under
sub-rule (2).
(2) The Director
General of Income-tax (Systems) shall specify the procedures, formats and standards
for the purposes of furnishing and verification of the Form 27BA and be
responsible for the day-to-day administration in relation to furnishing and
verification of the Form 27BA in the manner so specified.".
6. In Appendix-II
of the said rules,-
.
.
.
.
.
0 comments:
Post a Comment