Lock in period for non residents in bonds issued by Infrastructure Debt Fund omitted-Notification

Lock in period for non residents in bonds issued by Infrastructure Debt Fund removed-CBDT Notification

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

Notification No. 66/2019

New Delhi, the 16th September, 2019

(INCOME-TAX)

G.S.R. 661(E).—In exercise of the powers conferred by clause (47) of section 10 read with 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 (7th Amendment) Rules, 2019.

(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 2F, in sub-rule (5), the proviso shall be omitted.
[F.No. 370142/10/2019-TPL]

NIRAJ KUMAR, Dy. Secy. (Tax Policy & 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. 969(E), dated the 26th March, 1962 and was last amended, vide notification number S.O. 3215(E) dated 5th September, 2019.

• No penalty for e-way bill expiry due to vehicle break down being a technical breach
• No rejection of GST appeal for mere non filing of certified copy of order appealed
• Comparison Chart for Bank Fixed Deposit Interest rates of Public/Private Sector Banks  
• GST Form SRM-I enabled for manufacturers of Pan Masala and Tobacco
• Prosecution for late deposit of TDS stayed in view of Supreme Court judgment

addition u/s 68 ca misconduct cash deposit in bank cbdt circular CBDT Instruction cbdt notification cbdt order cbdt press release cgst circular cgst notification cit revision 263 concealment penalty covid-19 custom circular demonetisation due date extension e-way bill faq GST circular GST Council Meeting gst faq gstn advisory gstr-1 GSTR-3B GST rates IBBI ibc icai announcement itat mca circular MCA notification order u/s 119 penalty 271(1)(c) penalty u/s 271(1)(c) Press Release reasons recorded reopening 148 Reopening us 147 Search & Seizure sebi circular sebi regulations transfer and postings unexplained cash credits validity of notice u/s 148 Withdrawal of 2000 500 Bank Notes