DETERMINATION OF INCOME - Income-tax Rules, 1962

Chapter: II
DETERMINATION OF INCOME
Part: A
Salaries
Rule 2A	:	Limits for the purposes of section 10(13A)
Rule 2B	:	Conditions for the purpose of section 10(5)
Rule 2BA	:	Guidelines for the purposes of section 10(10C)
Rule 2BB	:	Prescribed allowances for the purposes of clause (14) of section 10
Rule 2BBA	:	Circumstances and conditions for the purposes of clause (19) of section 10
Rule 2BBB	:	Percentage of Government Grant for considering university, hospital etc. as substantially financed by the Government
Rule 2BC	:	Amount of annual receipts for the purposes of sub-clauses (iiiad) and (iiiae) of clause (23C) of section 10
Rule 2C	:	Application for the purpose of grant of approval of a fund or trust or institution or university or any hospital or other medical institution under clause (i) or clause (ii) or clause (iii) or clause (iv) of first proviso to clause (23C) of Section 10
Rule 2CA	:	Guidelines for approval under sub-clauses (vi) and (via) of clause (23C) of section 10 (Omitted)
Rule 2D	:	Guidelines for approval under clause (23F) of section 10
Rule 2DA	:	Guidelines for approval under clause (23FA) of section 10
Rule 2DB	:	Other conditions to be satisfied by the pension fund
Rule 2DC	:	Guidelines for notification under clause (23FE) of section 10
Rule 2DCA	:	Computation of minimum investment and exempt income for the purposes of clause (23FE) of section 10 of the Act
Rule 2DD	:	Computation of exempt income of specified fund for the purposes of clause (23FF) of section 10
Rule 2E	:	Guidelines for approval under clause (23G) of section 10
Rule 2F	:	Guidelines for setting up an Infrastructure Debt Fund for the purpose of exemption under clause (47) of section 10.
Rule 3	:	Valuation of perquisites
Rule 3A	:	Exemption of medical benefits from perquisite value in respect of medical treatment of prescribed diseases or ailments in hospitals approved by the Chief Commissioner
Rule 3B	:	Annual accretion referred to in the sub-clause (viia) of clause (2) of section 17 of the Act.
Part: B
Income from house property
Rule 4	:	Unrealised rent
Part: C
Profits and gains of business or profession
Rule 5	:	Depreciation
Rule 5A	:	Form of report by an accountant for claiming deduction under section 32(1)(iia) (Omitted)
Rule 5AA	:	Prescribed authority for investment allowance
Rule 5AB	:	Report of audit of accounts to be furnished under section 32AB(5) (Omitted)
Rule 5AC	:	Report of audit of accounts to be furnished under section 33AB(2)
Rule 5AD	:	Report of audit of accounts to be furnished under section 33ABA(2)
Rule 5B	:	Development rebate
Rule 5C	:	Guidelines, Form and manner in respect of approval under clause (ii) and clause (iii) of sub-section (1) of section 35
Rule 5CA	:	Intimation under Fifth Proviso to sub-section (1) of section 35
Rule 5D	:	Conditions subject to which approval is to be granted to a research association under clause (ii) or clause (iii) of sub-section (1) of section 35.
Rule 5E	:	Conditions subject to which approval is to be granted to a University, College or other Institution under clause (ii) and clause (iii) of sub-section (1) of section 35
Rule 5F	:	Prescribed authority, guidelines, form, manner and conditions for approval under clause (iia) of sub-section (1) of section 35.
Rule 5G	:	Option form for taxation of income from patent under section 115BBF
Rule 6	:	Prescribed authority for expenditure on scientific research
Rule 6A	:	Expenditure for obtaining right to use spectrum for telecommunication services
Rule 6AA	:	Prescribed activities for export markets development allowance [Omitted]
Rule 6AAA	:	Prescribed authority for the purposes of sections 35CC and 35CCA
Rule 6AAB	:	Statement of expenditure for claiming deduction under section 35CC [Omitted]
Rule 6AAC	:	Prescribed authority for the purposes of section 35CCB
Rule 6AAD	:	Guidelines for approval of agricultural extension project under section 35CCC.
Rule 6AAE	:	Conditions subject to which an agricultural extension project is to be notified under section 35CCC.
Rule 6AAF	:	Guidelines for approval of skill development project under section 35 CCD
Rule 6AAG	:	Conditions subject to which a skill development project is to be notified under section 35CCD.
Rule 6AAH	:	Meaning of expressions used in rule 6AAF and rule 6AAG
Rule 6AB	:	Form of audit report for claiming deductions under sections 35D and 35E
Rule 6ABA	:	Computation of aggregate average advances for the purposes of clause (viia) of sub-section (1) of section 36
Rule 6ABAA	:	Infrastructure facility under clause (d) of the Explanation to clause (viii) of sub-section (1) of section 36
Rule 6ABB	:	Form of report for claiming deduction under clause (xi) of sub-section (1) of section 36 (Omitted)
Rule 6ABBA	:	Other electronic modes
Rule 6ABBB	:	Form of statement to be furnished regarding preliminary expenses incurred under section 35D
Rule 6AC	:	Limits and conditions for allowance of expenditure in certain cases [Omitted]
Rule 6B	:	Expenditure on advertisement [Omitted]
Rule 6C	:	Expenditure on residential accommodation including guest houses [Omitted]
Rule 6D	:	Expenditure in connection with travelling, etc. [Omitted]
Rule 6DD	:	Cases and circumstances in which a payment or aggregate of payments exceeding twenty thousand rupees may be made to a person in a day, otherwise than by an account payee cheque drawn on a bank or account payee bank draft
Rule 6DDA	:	Conditions that a stock exchange is required to fulfil to be notified as a recognised stock exchange for the purposes of clause (d) of proviso to clause (5) of section 43
Rule 6DDB	:	Notification of a recognised stock exchange for the purposes of clause (d) of proviso to clause (5) of section 43
Rule 6DDC	:	Conditions that a recognised association is required to fulfil to be notified as a recognised association for the purposes of clause (e) of the proviso to clause (5) of section 43.
Rule 6DDD	:	Notification of a recognised association for the purposes of clause (e) of the proviso to clause (5) of section 43.
Rule 6E	:	Limits of reserve for unexpired risks
Rule 6EA	:	Special provision regarding interest on bad and doubtful debts of financial institutions, banks, etc.
Rule 6EB	:	Categories of bad or doubtful debts in the case of a public company under clause (b) of section 43D
Part: CC
Books of account
Rule 6F	:	Books of account and other documents to be kept and maintained under section 44AA(3) by persons carrying on certain professions
Part: CCC
Reports of audit of accounts of persons carrying on business or profession
Rule 6G	:	Report of audit of accounts to be furnished under section 44AB
Part: CCCA
Report of audit in case of income by way of royalties, etc., in case of non-residents
Rule 6GA	:	Form of report of audit to be furnished under sub-section (2) of section 44DA
Part: CCCC
Report in the case of slump sale
Rule 6H	:	Form of report of an accountant under sub-section (3) of section 50B
Part: D
Special cases
Rule 7	:	Income which is partially agricultural and partially from business
Rule 7A	:	Income from the manufacture of rubber
Rule 7B	:	Income from the manufacture of coffee
Rule 8	:	Income from the manufacture of tea
Rule 8A	:	Conditions for the grant of development allowance
Rule 8AA	:	Method of determination of period of holding of capital assets in certain cases
Rule 8AB	:	Attribution of income taxable under sub-section (4) of section 45 to the capital assets remaining with the specified entity, under section 48
Rule 8AC	:	Computation of short term capital gains and written down value under section 50 where depreciation on goodwill has been obtained
Rule 8AD	:	Computation of capital gains for the purposes of sub-section (1B) of section 45
Rule 8B	:	Guidelines for notification of zero coupon bond
Rule 8C	:	Computation of pro rata amount of discount on a zero coupon bond for the purpose of clause (iiia) of sub-section (1) of section 36
Rule 8D	:	Method for determining amount of expenditure in relation to income not includible in total income
Rule 9	:	Royalties or copyright fees, etc., for literary or artistic work
Rule 9A	:	Deduction in respect of expenditure on production of feature films
Rule 9B	:	Deduction in respect of expenditure on acquisition of distribution rights of feature films
Rule 9C	:	Conditions for carrying forward or set-off of accumulated loss and unabsorbed depreciation allowance in case of amalgamation
Rule 9D	:	Calculation of taxable interest relating to contribution in a provident fund or recognised provided fund, exceeding specified limit
Rule 10	:	Determination of income in the case of non-residents
Rule 10A	:	Meaning of expressions used in computation of arms length price
Rule 10AB	:	Other method of determination of arm's length price
Rule 10B	:	Determination of arms length price under section 92C
Rule 10C	:	Most appropriate method
Rule 10CA	:	Computation of arm's length price in certain cases
Rule 10CB	:	Computation of interest income pursuant to secondary adjustments
Rule 10D	:	Information and documents to be kept and maintained under section 92D
Rule 10DA	:	Maintenance and furnishing of information and document by certain person under section 92D
Rule 10DB	:	Furnishing of Report in respect of an International Group
Rule 10E	:	Report from an accountant to be furnished under section 92E
Rule 10F	:	Meaning of expressions used in matters in respect of advance pricing agreement.
Rule 10G	:	Persons eligible to apply.
Rule 10H	:	Pre-filing Consultation.
Rule 10I	:	Application for advance pricing agreement.
Rule 10J	:	Withdrawal of application for agreement.
Rule 10K	:	Preliminary processing of application.
Rule 10L	:	Procedure.
Rule 10M	:	Terms of the agreement.
Rule 10MA	:	Roll Back of the Agreement.
Rule 10N	:	Amendments to Application.
Rule 10O	:	Furnishing of Annual Compliance Report
Rule 10P	:	Compliance Audit of the agreement.
Rule 10Q	:	Revision of an agreement
Rule 10R	:	Cancellation of an agreement.
Rule 10RA	:	Procedure for giving effect to rollback provision of an Agreement.
Rule 10RB	:	Relief in tax payable under sub-section (1) of section 115JB due to operation of sub-section (2D) of section 115JB
Rule 10S	:	Renewing an agreement.
Rule 10T	:	Miscellaneous.
Rule 10TA	:	Definitions
Rule 10TB	:	Eligible assessee
Rule 10TC	:	Eligible international transaction
Rule 10TD	:	Safe Harbour
Rule 10TE.	:	Procedure
Rule 10TF	:	Safe harbour rules not to apply in certain cases
Rule 10TG	:	Mutual Agreement Procedure not to apply
Rule 10TH	:	Safe Harbour Rules for Specified Domestic Transactions
Rule 10THA	:	Eligible assessee
Rule 10THB	:	Eligible specified domestic transaction
Rule 10THC	:	Safe Harbour
Rule 10THD	:	Procedure
Rule 10U	:	Application of General Anti Avoidance Rule
Rule 10UA	:	Determination of consequences of impermissible avoidance arrangement.
Rule 10UB	:	Notice, Forms for reference under section 144BA
Rule 10UC	:	Time limits
Rule 10UD	:	Reference to the Approving Panel
Rule 10UE	:	Procedure before the Approving Panel
Rule 10UF	:	Remuneration
Rule 10V	:	Guidelines for application of section 9A
Rule 10VA	:	Approval of the fund
Rule 10VB	:	Statement to be furnished by the fund
Rule 11	:	Determination of income from transactions with non-residents [Omitted]
Part: E
Deductions to be made in computing total income
Rule 11A	:	Medical authority for certifying autism, cerebral palsy and multiple disabilities and certificate to be obtained from the medical authority for the purposes of deduction under section 80DD and section 80U
Rule 11AA	:	Requirement for approval of institution of fund under clause (vi) of sub-section (5) of section 80G
Rule 11B	:	Conditions for allowance for deduction under section 80GG
Rule 11C	:	Prescribed fields for the purposes of deduction in respect of remuneration received from foreign employers or Indian concerns under section 80RRA
Rule 11D	:	Permanent physical disabilities for the purposes of deduction under section 80U [Omitted]
Rule 11DD	:	Specified diseases and ailments for the purpose of deduction under section 80DDB
Rule 11E	:	Application for approval of agreement under section 80-O [Omitted]
Rule 11EA	:	Guidelines for specifying industrially backward districts for the purpose of deduction under [sub-section (5) of section 80-IB
Part: EE
Statement under the simplified procedure for taxation of retail traders, etc., under Chapter XII-C
Rule 11EE	:	Form of statement to be furnished under section 115K [Omitted]
Part: F
National Committee for Promotion of Social and Economic Welfare
Rule 11F	:	General
Rule 11G	:	Composition of the National Committee
Rule 11H	:	Headquarters and Secretariat
Rule 11I	:	Functions
Rule 11J	:	Guidelines for approval of associations and institutions
Rule 11K	:	Guidelines for recommending projects or schemes
Rule 11L	:	Application for approval of an association or institution or for recommendation of a project or scheme by the National Committee
Rule 11M	:	Procedure before the National Committee
Rule 11MA	:	Form of report by an approved association or institution under clause (ii) of sub-section (4) of section 35AC
Rule 11MAA	:	Form of report by public sector company or local authority or association or institution, which is carrying out a notified eligible project or scheme, under clause (ii) of sub-section (5) of section 35AC
Rule 11N	:	Other provisions
Rule 11O	:	Certificate of payment or expenditure in respect of eligible projects or schemes notified under section 35AC
Rule 11OA	:	Guidelines for notification of affordable housing project as specified business under section 35AD.
Rule 11OB	:	Guidelines for notification of a semiconductor wafer fabrication manufacturing unit as specified business under section 35AD.
Part: G
Tonnage tax scheme for shipping companies
Rule 11P	:	Application for exercising or renewing the option for tonnage tax scheme
Rule 11Q	:	Computation of deemed tonnage
Rule 11R	:	Incidental activities for purposes of relevant shipping income
Rule 11S	:	Computation of average of net tonnage for charter-in of tonnage
Rule 11T	:	Form of report of an accountant under clause (ii) of section 115VW
Part: H
Determination of fair market value of the property other than immovable property
Rule 11U	:	Meaning of expressions used in determination of fair market value
Rule 11UA	:	Determination of Fair Market Value
Rule 11UAA	:	Determination of Fair Market Value for share other than quoted share.
Part: I
Determination of value of assets and apportionment of income in certain cases
Rule 11UB	:	Fair market value of assets in certain cases
Rule 11UC	:	Determination of Income attributable to assets in India
Rule 11UD	:	Thresholds for the purposes of significant economic presence
Part: J
Indirect transfer prior to 28th May, 2012 of assets situate in India
Rule 11UE	:	Specified conditions under Explanation to fifth and sixth proviso to Explanation 5 to clause (i) of sub-section (1) of section 9.
Rule 11UF	:	Manner of furnishing undertaking under rule 11UE.
Part: H
Determination of fair market value of the property other than immovable property
Rule 11UAB	:	Determination of fair market value for inventory
Rule 11UAC	:	Prescribed class of persons for the purpose of clause (XI) of the proviso to clause (x) of sub-section (2) section 56
Rule 11UACA	:	Computation of income chargeable to tax under clause (xiii) of sub-section (2) of section 56
Rule 11UAD	:	Prescribed class of persons for the purpose of section 50CA
Rule 11UAE	:	Computation of Fair Market Value of Capital Assets for the purposes of section 50B of the Income-tax Act

DETERMINATION OF INCOME - Income-tax Rules, 1962

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