TMI BlogIncome-tax (25th Amendment) Rules, 2022X X X X Extracts X X X X X X X X Extracts X X X X ..... be called the Income-tax (25th Amendment) Rules, 2022. (2) They shall come into force from 1st day of April, 2023. 2. In the Income-tax Rules, 1962 (hereinafter referred to as principal rules), for rule 17 , the following rule shall be substituted, namely:- 17. Exercise of option etc. under Explanation 3 to the third proviso to clause (23C) of section 10 or section 11 . (1) The option to be exercised in accordance with the provisions of the Explanation to sub-section (1) of section 11 of the Act in respect of income of any previous year relevant to the assessment year beginning on or after the 1st day of April, 2016 shall be in Form No. 9A and shall be furnished before the expiry of the time allowed under sub-section (1) of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , namely:- FORM No.10 [See rule 17(2)] Statement to be furnished to the Assessing Officer/Prescribed Authority under clause (a) of the Explanation 3 to the third proviso to clause (23C) of section 10 or under clause (a) of sub-section (2) of section 11 of the Income-tax Act, 1961 To The Assessing Officer/Prescribed Authority, ... I,, on behalf of .......................................................................... [ name of the fund /institution / trust / any university / other educational institution /any hospital / other medical institution/association having Permanent Account Number hereby bring to your notice that it has been decided by a resolu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 3 2. The amount so accumulated or set apart has been invested or deposited in any one or more of the forms or modes specified in sub-section (5) of section 11 of the Income-tax Act, 1961. 3. It is further brought to your notice that the said .[name of the fund /institution / trust / any university / other educational institution /any hospital / other medical institution/association] had ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Amount of income Previous year in which accumulated or set apart Period during which it could not be applied due to court order Details of court Order Date: . # Signature Designation . Address . Notes: 1. #This statement should be signed by a trustee/principal officer. 2. @For section code please fill either of the following codes: Section Code Clause (a) of Explanation 3 to the third proviso to clause (23C) of section 10 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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