Income-tax (13th Amendment) Rules, 2021 - New Rule 11UD. Thresholds for the purposes of significant economic presence.

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..... n exercise of the powers conferred by the clause (a) and clause (b) of Explanation 2A to sub-section (1) of section 9 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. Short title and commencement. - (1) These rules may be called the Income-tax ( .....

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..... sers with whom systematic and continuous business activities are solicited or who are engaged in interaction shall be three lakhs. . [ F. No. 370142/11/2018-TPL] KAMLESH CHANDRA VARSHNEY, Jt. Secy. Note : The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii) vide number S.O. 969 (E), dated the 26th March, 1962 and last amende .....

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