Income-tax (Ninteenth Amendment) rules, 1999

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..... t, 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 (Ninteenth Amendment) rules, 1999. (2) They shall come into force on the 1st day of April, 2000. 2. In the Income-tax Rules, 1962, for rule 18 BBC, the following rule shall be substituted, namely :- &quo .....

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..... following conditions are fulfilled, namely :- (a) such hotel is located in an area or place specified under clause (a) of the said sub-section (7); (b) there are not more than 300 hotel rooms of 3-star category and above in the aggregate, in areas or places specified under clause (a) of the said sub-section (7) within the jurisdiction of the revenue sub-division in which the hotel is located; .....

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