{"id":3118,"date":"2022-09-03T05:26:59","date_gmt":"2022-09-03T05:26:59","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=3118"},"modified":"2022-09-03T05:27:33","modified_gmt":"2022-09-03T05:27:33","slug":"income-tax-29thamendment-rules-2022","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/income-tax-29thamendment-rules-2022\/","title":{"rendered":"Income-tax (29th Amendment) Rules, 2022."},"content":{"rendered":"\n<p>G.S.R. 677(E).\u2014In exercise of the powers conferred by section 139A read with section 295 of the<br>Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules<br>further to amend the Income-tax Rules,1962, namely:\u2013\u2013<\/p>\n\n\n\n<ol class=\"is-style-none wp-block-list\"><li>1. Short title and commencement.\u2013\u2013 (1) These rules may be called the Income-tax (29thAmendment)<br>Rules, 2022.<\/li><\/ol>\n\n\n\n<p>(2) They shall be deemed to have come into force from the 9th day of July, 2022.<\/p>\n\n\n\n<ol start=\"2\" class=\"is-style-none wp-block-list\"><li>2. In the Income-tax Rules, 1962, in rule 114BB, after sub-rule (1), the following proviso shall be<br>inserted, namely: \u2014<\/li><\/ol>\n\n\n\n<p>\u2015Provided that the provisions of this sub-rule shall not apply in a case where the person, depositing<br>the money as per Sl. No. 1 of column (2) or withdrawing money as per Sl. No. 2 of column (2) or<br>opening a current account or cash credit account as per Sl. No. 3 of column (2) of the Table above, is<br>the Central Government, the State Government or the Consular Office.<\/p>\n\n\n\n<p class=\"has-text-align-right\">SHEFALI SINGH, Under Secy.<\/p>\n\n\n\n<p><strong>Explanatory Memorandum<\/strong> : It is hereby certified that by giving retrospective effect to the present<br>notification, no person will be adversely affected in this regard.<\/p>\n\n\n\n<p>Note : The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section-3,<br>Sub-section (ii) vide number S.O. 969 (E), dated the 26th March, 1962 and last amended vide<br>notification number G.S.R. 647 (E) dated 26th August, 2022.<\/p>\n\n\n\n<p><strong>Notification :<\/strong> <a href=\"https:\/\/www.dropbox.com\/s\/z2ox89u78agrlae\/Income-tax%20%2829thAmendment%29%20Rules%2C%202022..pdf?dl=0\">https:\/\/www.dropbox.com\/s\/z2ox89u78agrlae\/Income-tax%20%2829thAmendment%29%20Rules%2C%202022..pdf?dl=0<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>G.S.R. 677(E).\u2014In exercise of the powers conferred by section 139A read with section 295 of theIncome-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rulesfurther to amend the Income-tax Rules,1962, namely:\u2013\u2013 1. Short title and commencement.\u2013\u2013 (1) These rules may be called the Income-tax (29thAmendment)Rules, 2022. (2) They [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,11],"tags":[19],"class_list":["post-3118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-income-tax","category-notifications","tag-incometax"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/3118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=3118"}],"version-history":[{"count":2,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/3118\/revisions"}],"predecessor-version":[{"id":3120,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/3118\/revisions\/3120"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/1800"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=3118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=3118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=3118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}