Income-tax (12th Amendment) Rules, 2016 - Amends Rule 29B - Relaxation from one of the conditions - Application for certificate authorising receipt of interest and other sums without deduction of tax - 31/2016 - Income Tax

GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 31/2016 New Delhi, the 5th May, 2016 INCOME-TAX S.O. 1655 (E). ‐ In exercise of the powers conferred by section 295 read with section 195 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 (12th Amendment) Rules, 2016. (2). They shall come into force on the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962 , in rule 29B , in sub-rule (2), the clause (iii) shall be omitted. [F. No.370142/3/2016-TPL] (PITAMBAR DAS) DIRECTOR (TAX POLICY AND LEGISLATION) Note: The principal rules were published in the Gazette of India vide notification number S.O.969(E), dated the 26th March, 1962 and last amended vide notification number S.O.1587 (E), dated the 29th April, 2016.