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TMI BlogPower to make rules.X X X X Extracts X X X X X X X X Extracts X X X X ..... transactions or activities of a non-resident; (v) an individual who is liable to be assessed under section 99(3) and (4); (c) the determination of the value of any perquisite chargeable to tax under this Act in such manner and on such basis as appears to the Board to be proper and reasonable; (d) the percentage on the written down value which may be allowed as depreciation for buildings, machinery, plant or furniture; (e) the matters specified in section 62; (f) the conditions or limitations subject to which any payment of rent made by an assessee shall be deducted under section 134; (g) the matters specified in Chapter XI; (h) the time within which any person may apply for the allotment of a Permanent Account Number, the form ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rnished under section 397(3)(d); (o) the authority to be prescribed for any of the purposes of this Act; (p) the procedure for giving effect to any agreement for the granting of relief in respect of double taxation or for the avoidance of double taxation entered into by the Central Government under this Act; (q) the procedure for granting of relief or deduction, of any income-tax paid in any country or specified territory outside India, under section 159 or 160, against the income-tax payable under this Act; (r) the form and manner in which any application, claim, return or information may be made or furnished and the fees that may be levied in respect of any application or claim; (s) the manner in which any document required to b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e income liable to tax cannot be definitely ascertained, or can be ascertained only with an amount of trouble and expense to the assessee, which is unreasonable, the rules made under this section may- (a) prescribe methods by which an estimate of such income may be made; and (b) in cases of income derived in part from agriculture and in part from business, specify the proportion of the income which shall be considered to be income liable to tax, and an assessment based on such estimate or proportion shall be considered to be duly made as per this Act. (4) The power to make rules conferred by this section shall include the power to give retrospective effect, from a date not earlier than the date of commencement of this Act, to the rule ..... X X X X Extracts X X X X X X X X Extracts X X X X
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