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Income-tax (Fourteenth Amendment) Rules, 1998 - S.O. 812(E) - Income TaxExtract MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) NOTIFICATION NO. 10692 New Delhi, the 14 th September, 1998 INCOME-TAX S.O.812(E) .-In exercise of the powers conferred by section 295 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 Income-tax (Fourteenth Amendment) Rules, 1998. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962 , in rule 26B , for the brackets and words (not being a loss under any such head) , the brackets and words '(not being a loss under any such head other than the loss under the head Income from house property )' shall be substituted. 3. In Appendix II to the Income-tax Rules, 1962 , in Form No. 12C,- (a) for item 4 and entries relating thereto, the following item and entries relating thereto shall be substituted, namely:- '4. Particulars of income under any head of income other than salaries (not being a loss under any such head other than the loss under the head Income from house property ) received in the financial year Rs. (i) Income from house property (in case of loss, enclose computation thereof) .. (ii) Profits and gains of business or profession .. (iii) Capital gains .. (iv) Income from other sources (a) Dividends (b) Interest (c) Other incomes (specify) .. .. .. .. Total Rs. .. (b) in item 5, for brackets, figures and word (i) to (v) , the brackets, figures and word (i) to (iv) shall be substituted. [F. No. 142/51/98-TPL] B. D. VISHNOI, Dy. Secy.
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