TMI BlogAmount received for any expenditure actually incurred by an individual for his medical treatment or treatment of any member of his family, for any illness related to COVID-19 - Specified conditions u/s 56(2)(x) for individual to keep record of documents.X X X X Extracts X X X X X X X X Extracts X X X X ..... CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 91/2022 New Delhi, the 5th August, 2022 S.O. 3704(E) .-In exercise of the powers conferred by clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of the Income-tax Act,1961 (43 of 1961) ,the Central Government hereby specifies the following conditions, namely:- 1. The individual shall keep a record of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction (2) of section 56 of the Income-tax Act, 1961 shall be verified and furnished in Form No. 1. 3. The details of the amount received in any financial year shall be furnished in Form No. 1 to the Income Tax Department within nine months from the end of such financial year or 31.12.2022, whichever is later. Form No. 1 S. No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Details of total expenditure incurred on the treatment of COVID-19 or illness related to COVID-19 of the individual or any member of his family: (In Rs.) 7. Total amount received from any person: (In Rs) 8. Name, address and PAN of the person from whom the amount has been received: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Date: Yours faithfully, Signature . . Name Designation 4. This notification shall be deemed to have come into force from the 1st day of April, 2020 and shall apply in relation to the assessment year 2020-2021 and subsequent assessment years. [F. No. 370142/31/2022-TPL (Part-2)] UMME FARDINA ADIL, Under Secy., Tax Policy and Legisla ..... X X X X Extracts X X X X X X X X Extracts X X X X
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