Income-tax (Fourth Amendment) Rules, 2010 - 33/2010 - Income Tax

Income-tax (Fourth Amendment) Rules, 2010 [TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 33/2010 New Delhi , the 11th May, 2010 S.O. 1056(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 (Fourth Amendment) Rules, 2010. (2) They shall come into force on the 1st day of April, 2010. 2. In the Income-tax Rules, 1962 , - (a) in rule 12 , - (i) for the words and figures Form No. ITR-1 , at both the places where they occur, the words and figures Form SARAL-II (ITR-1) , shall be substituted; (ii) in sub-rule (1), - (a) for the figures 2009 , the figures 2010 shall be substituted; (b) for clause (a), the following clause shall be substituted, namely:- (a) in the case of a person being an individual where the total income includes income chargeable to income tax, under the head,- (i) Salaries or income in the nature of family pension as defined in the Explanation to clause (iia) of section 57 ; or (ii) Income from house property , where assessee does not own more than one house property and does not have any brought forward loss under the head; or (iii) Income from other sources , except winnings from lottery or income from race horses, be in Form SARAL-II (ITR-I) and be verified in the manner indicated therein; (iii) in sub-rule (5), for the figures 2008 , the figures 2009 shall be substituted; (b) in Appendix-II, for Forms ITR-2 , ITR-3 , ITR-4 , ITR-5 , ITR-6 , ITR-7 and ITR-V , the following forms shall be substituted, namely:- [F.No.142/12/2010-SO(TPL)] (Alka Gautam) Under Secretary to the Government of India Note.- The principal rules were published vide Notification No.S.O.969(E), dated the 26th March, 1962 and last amended by Income-tax (Third Amendment) Rules, 2010 vide Notification S.O. No. 943(E) dated 23.4.2010 . NEW RETURN FORMS FOR ASSESSMENT YEAR 2010-11 Form No. Heading Instructions ITR-2 For Individuals and HUFs not having Income from Business or Profession ITR-2 - Instructions ITR-3 For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship ITR-3 - Instructions ITR-4 For individuals and HUFs having income from a proprietory business or profession ITR-4 - Instructions ITR-5 For firms, AOPs and BOIs ITR-5 - Instructions ITR-6 For Companies other than companies claiming exemption under section 11 ITR-6 - Instructions ITR-7 For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D) ITR-7 - Instructions ITR-V Where the data of the Return of Income in Forms Saral-II (ITR-1), ITR-2, ITR-3, ITR-4, ITR-5 ITR-6 transmitted electronically without digital signature ITR-V - Instructions