Income-tax (Fourteenth Amendment) Rules, 2003 - 189/2003 - Income Tax

Income-tax (Fourteenth Amendment) Rules, 2003 Notification No. 189 of 2003, dt. 1st August, 2003 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 (Fourteenth Amendment) Rules, 2003. (2) They shall come into force on the date of publication in the Official Gazette. 2. In the Income-tax Rules, 1962,-- (a) in Part VI, in rule 29C,- (i) after sub-rule (1), the following sub-rule shall be inserted, namely:-- "(1A) A declaration under sub-section (1C) of section 197A by an individual resident in India, who is of the age of sixty-five years or more at any time during the previous year and is entitled to a deduction from the amount of income-tax on his total income referred to in section 88B shall be in Form No. 15H and shall be verified in the manner indicated therein."; (ii) in sub-rule (2), after the words, brackets and figure "sub-rule (1)", the words, brackets, figure and letter "or sub-rule (1A)" shall be inserted; (b) in Appendix II, after Form No. 15G, the following Form shall be inserted, namely : Form 15H F.No. 142/25/2003-TPL]