Income-tax (Fifth Amendment) Rules, 2001 - S.O. 387(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 118 New Delhi, the 4 th May, 2001 INCOME-TAX S.O. 387(E). -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 (Fifth Amendment) Rules, 2001 (2) They shall come into force on the 1 st day of April, 2002 2. In the Table to Appendix I of the Income-tax Rules. 1962 , in Part A relating to TANGIBLE ASSETS, under the heading IV SHIPS .- (a) against sub-item (1) for the figures 20 occurring in column 2, the figures 25 shall be substituted; (b) against sub-item (2) for the figures 10 occurring in column 2, the figures 25 shall be substituted; (c) against sub-item (3) for the figures 20 occurring in column 2, the figures 25 shall be substituted; [F. No. 21/FB/2001-TPL] DEEPIKA MITTAL, Under Secy.