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Income-tax (19th Amendment) Rules, 2003 - 220/2003 - Income TaxExtract Income-tax (19th Amendment) Rules, 2003 Income Tax Notification No. 220/2003 Dated 12 th September, 2003 In exercise of powers conferred by section 295, read with section 80QQB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely;- 1. (1) These rules may be called the Income-tax (19 th Amendment) Rules, 2003. (2) They shall be deemed to have come into force on the 1 st day of April, 2003. 2. In the Income-tax Rules, 1962, (a) after the rule 19AB, the following rule shall be inserted, namely: - "19AC. Form of certificate to be furnished under sub-section (3) of section 80QQB (1) The certificate, which is required to be furnished by the assessee under sub-section (3) of section 80QQB from a person responsible for making payment to the assessee, shall be in Form No.lOCCD. (2) The certificate in Form No. 10CCD duly verified by the person responsible for making the payment to the assessee is required to be furnished along with the return of income."; (b) The rule 29A shall be substituted by the following rule, namely:- "29A. Form of certificate to be furnished along with the return of income under sub-section (4) of Section 80QQB, Sections 80R, 80RR and 80RRA, and sub-section (3) of Section 80RRB and the prescribed authority for the purposes of sub-section (4) of section 80QQB and sub-section (3) of Section 80RRB. (1) The certificate referred to in sub-section (4) of section 80QQB, sub-section (3) of section 80RRB, sections 80R, 80RR and 80RRA shall be in Form No. 10H. (2) For the purpose of sub-section (4) of section 80QQB and sub-section (3) of Section 80RRB, the prescribed authority shall be the Reserve Bank of India or such other authority as is authorised under any law for the time being in force for regulating payments and dealings in foreign exchange."; (c) In the appendix 11, after the Form number 10CCC, the following shall be inserted, "Form No. 10CCD (see Rule 19 AC) Certificate under sub-section (3) of section 80QQB for Authors of certain books in receipt of Royalty income, etc. 1. Details of the book (i) Title (ii) Language (iii) Whether Scientific/Literary/Artistic (Please indicate) (iv) Whether the book is in the nature of a brochure, commentary, guide, diary, journal, magazine, text book for schools, tracts, etc. (Yes/No) 2. Name and address of the author of the book 3. Books sold during the previous year ending on 31 st day of March No. of books published Value of (In India) (outside India) books sold in Indian rupees 4. Details of agreement with the author (a) (Whether any lump-sum payment made during the year in lieu of all rights in the book? (i) Yes/No (Please indicate) (ii) If yes, state the amount paid (in Indian rupees)_______ (iii) If no, the nature of payment (mark V, where applicable) (a) assignment or grant of any of the interest of author in the copyright of the books__________ (b) Royalty or copyright fee___________ 5. Details of payment (i) Payment received in Indian rupees__________ (ii) Payment received in foreign currency (value in Indian rupees)_________ (iii) Total Payment received___________ (iv) If in foreign currency, details of payment in the following proforma: Total amount payable Amount actually Date of Mode of payment during the year paid payment 6. Verification: This is to verify that I/We, _______S/o_________ is/are the publisher of the book titled _____authored by Shri/Smt./Ms-____________ in the capacity of proprietor/partner/director of the publishing house named __________ having PAN No.____, and have during the previous year, made the payment equivalent ofRs,_________, as copyright fee/royalty or as payment in lieu of all rights in the said book to him/her. Signature and name of the person responsible for making payment Date: Place: Address:" Sd/- (Chandrajit Singh) Under Secretary to the Government of India F.N0.142/15/2003-TPL Footnote: The principal rules were published under Notification No.S.0.969 dated 26-3-1962 which has been amended from time to time, the last such amendment was made vide Notification No.S.0.1026 (E) dated 5-9-3003.
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