Income-tax (seventh Amendment) Rules, 2012 - Amends rule 12(1) - 25/2012 - Income Tax

Notification No.25/2012 Dated 2-7-2012 S.O. 1453(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 (7th Amendment) Rules, 2012. (2) They shall come into force from the date of its publication in the Official Gazette. 2. In the Income-tax Rules, 1962 ,- (A) in rule 12, (i) in sub-rule (1),- (a) in the proviso to clause (a), for the words "being an individual, who is a resident," the following words, brackets and figures shall be substituted, namely:- "who is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6"; (b) in the proviso to clause (ca), for the words "being an individual or Hindu undivided family, who is a resident," the following words, brackets and figures shall be substituted, namely:- "who is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6"; (ii) in sub-rule (3), in the proviso, in clause (aa) after the words "being a resident," the words, brackets and figures "other than not ordinarily resident in India within the meaning of sub-section (6) of section 6" shall be inserted; (B) in Appendix-II, (i) for Forms ITR-5, the following shall be substituted, namely:- (ii) for Form ITR-6, the following shall be substituted, namely:- "Forms ITR-5 and ITR-6 have been separately attached" [F.No.142/31/2011 -TPL]/S.O. 1453(E)