Income-tax (Second Amendment) Rules, 2019

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..... 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. Short title and commencement . - (1) These rules may be called the Income-tax (Second Amendment) Rules, 2019. (2) They shall come into force with effect from the 1 st day of April, 2019. 2. In the Income-tax rules, .....

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..... ited liability partnership firm, , the words a Hindu undivided family, who is a resident other than not ordinarily resident, or a firm, other than limited liability partnership firm, which is a resident shall be substituted; (ii) in the proviso, for item (I), the following items shall be substituted, namely:- (I) has assets (including financial interest in any entity) located outside Indi .....

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..... d letters or sub-section (4E) or sub-section (4F) shall be omitted; (b) in sub-rule (3), in the Table, in column (i), against the entries at serial number 1, in column (iii), for item (b), the following item shall be substituted, namely:- (b) Where total income assessable under the Act during the previous year of a person, being an individual of the age of eighty years or more at any time .....

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