TMI BlogIncome–tax (7th Amendment) Rule, 2016 - Amends rule 114E regarding Information Return or Statement of Financial TransactionsX X X X Extracts X X X X X X X X Extracts X X X X ..... O.1155 (E) - In exercise of the powers conferred by section 285BA , read with 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. This rule may be called the Income tax ( 7 th Amendment ) Rule, 2016 and shall be deemed to have come into force from the 1st day of A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nistrator shall be substituted; (II) in clause (b),- (A) in the long line, for the word return , the words return or the statement shall be substituted; (B) in clause (ii), for the word return , the words return or the statement shall be substituted; (iv) in sub-rule (7), for the words Annual Information Return , the words Annual Information Return or Statement of Financial T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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