TMI BlogIncome-tax (3rd Amendment) Rules, 2020X X X X Extracts X X X X X X X X Extracts X X X X ..... section 35AD , section 40A , section 43 , section 43CA , section 44AD , section 50C , section 56 , section 80JJAA, section 269SS , section 269ST and section 269T 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. Short Title and commencement .- (1) These rules ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... section 43CA, proviso to sub-section (1) of section 44AD, second proviso to sub-section (1) of section 50C, second proviso to sub-clause (b) of clause (x) of sub-section (2) of section 56, clause (b) of first proviso of clause (i) of Explanation to section 80JJAA, section 269SS, section 269ST and section 269T, namely: (a) Credit Card; (b) Debit Card; (c) Net Banking; (d) IMPS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rupees , the words, figures and letters account payee bank draft or use of electronic clearing system through a bank account or through such other electronic mode as prescribed under rule 6ABBA, exceeds ten thousand rupees shall be substituted; (c) in clause (c), sub-clauses (v), (vi) and (vii) shall be omitted; (d) clause (j) shall be omitted. [F. No. 370142/14/2019-TPL] SAURABH ..... X X X X Extracts X X X X X X X X Extracts X X X X
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