Amendment to Income Tax Form 64A-Statement of income distributed by business trust to be furnished u/s 115UA. Notification 84/2016

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Amendment to Income Tax Form 64A-Statement of income distributed by business trust to be furnished u/s 115UA. Notification 84/2016.

Form 64A-Statement of income distributed

MINISTRY OF FINANCE
Department of Revenue
CENTRAL BOARD OF DIRECT TAXES

Notification No. 84 /2016

New Delhi, the 16th September, 2016

INCOME-TAX S.O. 2979(E).—In exercise of the powers conferred by section 295 read with sub-section (4) of section 115UA 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. (1) These rules may be called the Income-tax (22nd Amendment) Rules, 2016.
(2) They shall be deemed to have come into force from the 1st day of April, 2016.

2. In the Income-tax Rules, 1962, in the Appendix II,-

(i) in Form 64A, for items 8 to 15, following items shall be substituted, namely:-

“8. Aggregate income of the Business trust from all sources (9+11+13+15)

9. Income by way of interest referred to in section 10 (23FC)

10. Proportion of 9 to 8

11. Income by way of renting or leasing or letting referred to in section 10(23FCA)

12. Proportion of 11 to 8

13. Income by way of Dividend referred to in section 115-O

14. Proportion of 13 to 8

15. Income other than that referred to in 9, 11 and 13

16. Proportion of 15 to 8

17. Details of persons being unit holders, referred to in sub-section (1) of section 115UA to whom the income is distributed, in the following format:-

1. S. No.
2. Name(s) Address(es)
3. PAN
4. Total amount distributed
6. Amount of income in the nature of interest referred to in section 10(23FC) [Column 5 × Sl. No.10]
7. Amount of income in the nature of renting or leasing or letting referred to in section 10(23FCA) [Column 5 × Sl. No.12]
8. Amount of income in the nature of Dividend referred to in section 115-O [Column 5 × Sl. No.14]
9. Amount of other income [Column 5× Sl. No.16]

(ii) in Form 64B, for item 7, following item shall be substituted, namely:-

“7. Details of the income distributed by the business trust to the unit holder, during the previous year, in the following format:-
1. S. No.

2. Amount distributed Date of distribution

3. Amount of income in the nature of interest referred to in section 10(23FC)

4. Amount of income in the nature of renting or leasing or letting referred to in section 10(23FCA)

5. Amount of income in the nature of Dividend referred to in section 115-O

6. Amount of other income

[Notification No. 84 /2016/F. No. 142/10/2014-TPL]

NIRAJ KUMAR,
Under Secy. (Tax Policy and Legislation)

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 was last amended vide notification number S.O. 2747(E) dated the 19th August, 2016. . Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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