The Income-tax (Twenty-Eighth Amendment) Rules, 2022

Aug 23, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Central Board of Direct Taxes (CBDT) on August 22, 2022, issued the Income-tax (Twenty-Eighth Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962. 

The following amendments have been made: 

• In rule 17CB, for the words “trust or institution” wherever they occur, the words “specified person” has been substituted. 

• In rule 17CB, in Explanation, clause (ha) has been inserted, namely: - 

‘(ha) “specified person” shall have the same meaning as assigned to it in clause (iia) of the Explanation to section 115TD’

 [Notification No. G.S.R. 647(E)]


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