Income Tax

All Audit Reports by CA & other Income Tax Forms to be filled electronically

All Audit Reports by CA & other Income Tax Forms to be filled electronically. Income-tax (21st Amendment) Rules, 2021
 
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

Notification No. 83/2021

New Delhi, the 29th July, 2021
(INCOME-TAX)
 
G.S.R. 514(E).––In exercise of the powers conferred by 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 (21st Amendment) Rules, 2021.
 
(2) They shall come into force from the date of publication of notification in the Official Gazette.
 
 
2. In the Income-tax Rules, 1962,after rule 129, the following rules shall be inserted, namely:-―
 
130. Omission of certain rules and Forms and savings.-(1) Rules 5A, 5AB, 6ABB, 12B, 12BA,16D, 16DD, 16E, 16F,18B, 18BB, 18BBA, 18DD, 18DDA, 20AB, 29AA, 29D, 37, 37E, 37F, 44A, 48, 123 and rule 124 shall be omitted.
 
(2) In Appendix II, Forms ITR-8, 2B, 2C, 2E, 3AA, 3AAA, 3BA, 4, 5, 5A, 10AA, 10C, 10CC, 10CCA, 10CCAA, 10CCAB, 10CCABA, 10CCAC, 10CCAD, 10CCAE, 10CCAF, 10CCAG, 10CCAH, 10CCAI, 10CCBA, 10CCBB, 10CCBBA, 10CCBC, 10CCBD, 10DB, 10DC, 10G, 10HA, 11, 11A, 12, 12A, 15I, 15J, 16AA, 22, 24, 26, 27E, 30, 34A, 34B, 34BA, 37, 37EE, 37F, 37G, 37H, 37-I, 54, 55, 56A, 56AA, 56B, 56BA, 56C, 56CA, 56E, 56F, 56FF, 56G, 56H, 58A, 58B, 63, 63A and Form 63AA shall be omitted.
 
(3) Notwithstanding such omission, on and from the date of commencement of this rule–
 
(i)any proceeding pending before any income-tax authority, any Appellate Tribunal or any court, by way of appeal, reference or revision, shall be continued and disposed of as if rules and forms mentioned in sub-rule (1) and sub-rule (2) have not been omitted;
 
(ii) any agreement entered into, appointment made, approval given, recognition granted, direction, instruction, notification or order issued under the rules and Forms mentioned in sub-rule (1) and sub-rule (2) shall be deemed to continue in force as if rules and forms mentioned in sub-rule (1) and sub-rule (2) have not been omitted.
 
131. Electronic furnishing of Forms, Returns, Statements, Reports, orders etc.-(1) The Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the case may be, may with the approval of the Board specify that any of the Forms, returns, statements, reports, orders, by whatever name called, prescribed in Appendix II, shall be furnished electronically—
 
(i) under digital signature, if the return of income is required to be furnished under digital signature;or
 
(ii)through electronic verification code in a case not covered under clause (i).
 
(2) The Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the case may be, shall-
 
(i) with the approval of the Board specify the Forms, returns, statements, reports, orders, referred to in sub-rule (1),which are to be furnished electronically;
 
(ii) lay down the data structure, standards and procedure of furnishing and verification of such Forms, returns, statements, reports, orders, including modification in format, if required, to make it compatible for furnishing electronically; and
 
(iii) be responsible for formulating and implementing appropriate security, archival and retrieval policies in relation to the said Forms, returns, statements, reports, orders.”.
 
[F. No. 370142/30/2021-TPL]
ANKIT JAIN, Under Secy. (Tax Policy and Legislation Division)
 
Note: The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii) vide notification number S.O. 969 (E), dated the 26thMarch, 1962 and last amended vide notification number G.S.R. 509(E)dated 27th July,2021.
 
----------- Similar Posts: -----------
Share

Recent Posts

  • GST

Mentioning wrong place of delivery in e-way bill was human error – High Court

In a recent judgment, the Hon'ble Allahabad High Court has quashed the penalty order u/s 129 of UPGST Act 2017…

6 hours ago
  • Income Tax

Cost of Acquisition as on 1.4.2001 for properties purchased prior to 2001- Clarification

CBDT has clarified the question as to what would be the Cost of Acquisition as on 1.4.2001 for properties purchased…

24 hours ago
  • GST

Advisory for FORM GSTR-1A for furnishing details of outward supplies

Advisory for FORM GSTR-1A- Form and manner of furnishing details of outward supplies GSTN has issued an advisory for FORM…

1 day ago
  • Income Tax

No Penalty u/s 271E on cash repayment of advances treated unexplained cash credits

Penalty u/s 271E can not be imposed on cash repayment of advances treated as unexplained cash credits. In a recent…

1 day ago
  • GST

Mining Royalty is not a tax – Supreme Court Nine Judges Bench approves decision in Kesoram

Mining Royalty is not a tax – Supreme Court Nine Judges Bench approves decision In Kesoram Industries and held that…

1 day ago
  • Income Tax

Assessee has right to get complete statements recorded against him – High Court

Assessee has right to get complete statements recorded against him and relied upon by the Income Tax Department  during the…

2 days ago