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TMI BlogForm 3CD - CBDT makes various amendments in Form 3CD for reporting some additional transactions and reference to various sections updated - Income-tax (Fourth Amendment) Rules, 2024X X X X Extracts X X X X X X X X Extracts X X X X ..... shall come into force on the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962, in Appendix II,-- a) in Form No. 3CD,-- (i) in PART A, in clause 8a, for the figures and letters "115BAD", the figures and letters "115BAD/115BAE" shall be substituted; (ii) in PART B,-- A. in clause 12, for the figures and letters "44AD", the figures and letters "44AD, 44ADA" shall be substituted; B. in clause 18, for sub-clause (ca), the following sub-clauses shall be substituted, namely:-- "(ca) Adjustment made to the written down value-- (i) under the proviso to sub-section (3) of section 115BAA (for assessment year 2020-21 only); (ii) under the first proviso to sub-section (3) of section 115BAC or the prov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ne, as the case may be, for the time being in force, governing the conduct of such person" shall be substituted; (II) in sub-clause (b), in paragraph (ii), in sub-paragraph (B), in item (IV), for the word "payer", the word "payee" shall be substituted; 1[E. in clause 22, after the figures "2006", the words and figures " or any other amount not allowable under clause (h) of section 43B of the Income-tax Act, 1961" shall be inserted;] F. in clause 32, in sub-clause (a),-- (I) in the table, in column (5), for the figures and letters "115BAD", the figures and letters "115BAD/115BAE" shall be substituted; (II) in the table, in column (6), for the figures and letters, "115BAD^", the figures and letters "115BAD/115BAE^" shall be substitu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erted, namely:-- " (5) *I certify that the applicant company is a unit of an International Financial Services Centre and has filed the application within three months from the date on which the deduction under section 80LA of the Income- tax Act, 1961 is no longer applicable."; (ii) in the Annexure, in PART A, for clause 6, the following clauses shall be substituted, namely:-- " 6. Date on which the company became a qualifying company [to be given only in case of a company which becomes a qualifying company after the initial period] (enclose evidence in support of the claim) 6A. (a) Has the applicant company availed of deduction under section 80LA of the Income- tax Act, 1961? (b) If so, please specify the date on which such deduc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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