Income Tax Rules with FREE e-book access

INCOME TAX RULES with FREE e-book access

1. DIVISION ONE

INCOME TAX & ALLIED RULES

The Income-tax Rules, 1962

Chronological list of amendments

2. The Income-tax Rules, 1962

Text of Rules and Forms

Subject Index

ANNEXURE 1: Income Computation and Disclosure Standards

A .Income Computation and Disclosure Standard I relating to accounting policies

1. Income Computation and Disclosure Standard II relating to valuation of inventories
2. Income Computation and Disclosure Standard III relating to construction contracts
3. Income Computation and Disclosure Standard IV relating to revenue recognition
4. Income Computation and Disclosure Standard V relating to tangible fixed assets

F.Income Computation and Disclosure Standard VI relating to the effects of changes in foreign exchange rates

1. Income Computation and Disclosure Standard VII relating to government grants
2. Income Computation and Disclosure Standard VIII relating to securities
3. Income Computation and Disclosure Standard IX relating to borrowing costs
4. Income Computation and Disclosure Standard X relating to provisions, contingent liabilities and contingent assets

Circular No. 10/2017, dated 23-3-2017: Clarifications on Income Computation and Disclosure Standards (ICDS) notified under section 145(2) of the Income-tax Act, 1961

3. The Income-tax (Certificate Proceedings) Rules, 1962

Text of Rules and Forms

Chronological list of amendments

Subject Index

4. The Income-tax (Appellate Tribunal) Rules, 1963

Text of Rules and Forms

Chronological list of amendments

CBDT Instruction: Revision of monetary limits for filing of appeals by the department before Income-tax Appellate Tribunal, High Courts and Supreme Court — Measures for reducing litigation — Regarding

Instructions regarding e-payment of ITAT fees

Subject Index

5. Income-tax (Dispute Resolution Panel) Rules, 2009

Text of the Rules

Chronological list of amendments

6. The Income-tax Settlement Commission (Procedure) Rules, 1997

Text of the Rules

Chronological list of amendments

7. The Authority for Advance Rulings (Procedure) Rules, 1996

Text of the Rules

8. Equalisation Levy Rules, 2016

Text of the Rules

9. Reverse Mortgage Scheme, 2008

[For purposes of section 47(xvi)]

Text and Forms of the Scheme

10. Capital Gains Accounts Scheme, 1988

[For purposes of sections 54(2), 54B(2), 54D(2), 54F(4) and 54G(2)]

Text and Forms of the Scheme

Notification: Banks authorised to receive deposits under the scheme

11. Bank Term Deposit Scheme, 2006

[For purposes of section 80C(2)(xxi)]

Text and Forms of the Scheme

12. National Pension Scheme Tier II – Tax Saver Scheme, 2020

[For purposes of section 80C(2)(xxv)]

Text of the Scheme

13. Faceless jurisdiction of Income-tax Authorities Scheme, 2022

[For purposes of section 130(1) and (2)]

Text of the Scheme

14. e-Verification Scheme, 2021

[For purposes of section 135A(1) and (2)]

Text of the Scheme

15. e-Assessment of Income Escaping Assessment Scheme, 2022

[For purposes of section 151A(1) and (2)]

Text of the Scheme

16. Faceless Inquiry or Valuation Scheme, 2022

[For purposes of section 142B(1) and (2)]

Text of the Scheme

17. Centralised Processing of Returns Scheme, 2011

[For purposes of section 143(1A)]

Text of the Scheme

18. Faceless Assessment Scheme, 2019

(1)Faceless Assessment Scheme, 2019

[For purposes of section 143(3A)]

(2) Directions under section 143(3B) for Faceless Assessment Scheme, 2019

(3) Conduct of assessment proceedings through “E-Proceeding” facility during financial year 2019-20 — regarding: Circular No. 27 of 2019, dated September 26, 2019

19. e-Settlement Scheme, 2021

[For purposes of section 245D(11) and (12)]

Text of the Scheme

20. e-Dispute Resolution Scheme, 2022

[For purposes of section 245MA(3) and (4)]

Text of the Scheme

21. E-advance Rulings Scheme, 2022

[For purposes of section 245R(9) and (10) and 245W(2) and (3)]

Text of the Scheme

22. e-Appeals Scheme, 2023

Text of the Scheme

23. Faceless Appeal Scheme, 2021

(1) Faceless Appeal Scheme, 2021 [For purposes of section 250(6B) and (6C)]

(2) Authorised Income-tax Authorities to conduct e-appeal proceedings

24. Faceless Penalty Scheme, 2021

(1) Faceless Penalty Scheme, 2021

[For purposes of section 274(2A)]

(2) Directions under section 274(2B) for Faceless Penalty Scheme, 2021

25. Centralised Processing of Equalisation Levy Statement Scheme, 2023

[For purposes of section 168(2), Finance Act, 2016]

Text of the Scheme