Income-tax (Eighth Amendment) Rules, 2002

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..... Income-tax Rules, 1962, namely:- 1. (1) These rules may be called the Income-tax (Eighth Amendment) Rules, 2002. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962, (i) in Rule 114B,- (a) in clause (e), for the words "ten lakh rupees", the words "one lakh rupees" shall be substituted; (b) after clause (h), the fol .....

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..... of this clause ,- (a) "payment in cash in connection with travel" includes payment in cash towards fare, or to a travel agent or a lour operator, or for the purchase of foreign currency; (b) The expression "travel to any foreign country" does not include travel to the neighbouring countries or to such places of pilgrimage as may be specified by the Board under Explanation 3 of sub-section (1) .....

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..... ckets and letters "or clause (k)" shall be substituted; (iii) below clause (h), for the word, brackets and letter "(a) to (h)", the words, brackets and letters "(a) to (k)" shall be substituted; Sd/- Rahul Navin Under Secy. F.No. FB/59/2002-TPL Note: The principal rules were published vide notification S.O. No. 969(E) dated, 26-3-1962 and were last amended by Income-tax (Seventh Ame .....

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