TMI BlogIncome-tax (Second Amendment) Rules, 2006 - Substitution of rule 31AC and Form No. 26QAX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 (Second Amendment) Rules, 2006. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962, ( a ) in Part VI, for rule 31AC, the following ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y under sub-section (1) of section 206A in respect of time deposits shall be in Form No. 26QAA and shall be verified in the manner indicated therein. (2) The quarterly return referred to in sub-rule (1) shall be furnished, ( i ) to the Director General of Income-tax (Investigation), New Delhi or the person authorised by the Director General of Income-tax (Inv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... so be furnished along with the return made on computer readable media; ( ii ) the return is accompanied with a certificate regarding clean and virus free data. Explanation . For the purposes of rule 31AC and rule 31ACA, time deposits means deposits (excluding recurring deposits) repayable on the expiry of fixed periods.; (b) in Appendix II, for Form No. 26QA ..... X X X X Extracts X X X X X X X X Extracts X X X X
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