Extension of Form 16 furnishing due date to employee to 15-06-2017 instead of 31st May, 2017

Extension of Form 16 furnishing due date to employee to 15-06-2017 instead of 31st May, 2017 for FY 2016-17. Amenment to Rule 31(3) prescribing due date for furnishing salary certificate/details of tax deducted.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

Notification No. 42 /2017

New Delhi, the 2nd June, 2017

INCOME-TAX

G.S.R. 546(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. (1) These rules may be called the Income-tax (10th Amendment) Rules, 2017.
(2) They shall come into force from the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962, in rule 31, in sub-rule (3), in the Table, against serial number 1, in column 4, for the figures, letters and words “31st day of May” the following figures, letters and words “ 15th day of June ” shall be substituted.

[F.No.370142/17/2017-TPL]

LAKSHMI NARAYANAN,
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 notification number S.O. 962 ( E), dated the 26th March, 1962 and last amended vide notification number S.O. 1381 (E), dated the 02.05.2017.