Income-tax (Twenty-First Amendment) Rules, 2003 - 226/2003 - Income Tax

Income-tax (Twenty-First Amendment) Rules, 2003 Notification No. 226 Dated 25th September, 2003 In exercise of powers conferred by section 295 read with section 80HHC 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:- Rule 1 Short title and commencement (1) These rules may be called the Income-tax (Twenty-First Amendment) Rules, 2003. (2) They shall come into force on the date of their publication in the Official Gazette Rule 2 Insertion of sub rule (2A) in rule 18-BBA and Form 10CCABA In the Income-tax Rules, 1962,- (a) in part IV, in rule 18-BBA, after sub-rule (2), the following sub-rule shall be inserted, namely:- "(2A) The certificate from the undertaking in the Special Economic Zone which is required to be furnished under proviso to sub-section (4) of section 80HHC by an undertaking referred to in subsection (4C) of that section shall be in form No. 10CCABA."; (b) in the Appendix-II, (i) after the Form No.10CCAB, the following form shall be inserted, namely:- FORM (ii) in Form Number 10CCAC, in the item number 1, after the words "sale to a recognised Export House/Trading House", the words " or sale to an undertaking in the Special Economic Zone" shall be inserted. Note: The principal rules were published under notification No. S.O.969 dated the 26th March, 1962 which has been amended from time to time, the last of such amendment was made vide notification no. dated the 25.9.2003.