Excel for
CBDT vide notification no. 95/2015 [F.No.142/28/2012-(SO)TPL] dated 31-12-2015 has notified new Rules 114B, 114C 114D and 114E as under:
Rule-114C Any person being,—
(a) a registering officer or an Inspector-General appointed under the Registration Act, 1908 (16 of 1908); who, in relation to a transaction specified in rule 114B, has received any document shall ensure after verification that permanent account number has been duly and correctly mentioned therein or as the case may be, a declaration in Form 60 has been duly furnished with complete particulars. (2) Any person, being a person raising bills referred to at Sl. No. 5 or 6 or 18 of rule 114B, who, in relation to a transaction specified in the said Sl. No., has issued any document shall ensure after verification that permanent account number has been correctly furnished and the same shall be mentioned in such document, or as the case may be, a declaration in Form 60 has been duly furnished with complete particulars.
Rule 114D.
(I) clauses (b) to (k) of sub-rule (1) of rule 114C; and who has received any declaration in Form No. 60, on or after the 1st day of January, 2016, in relation to a transaction specified in rule 114B, shall-
(i) furnish a statement in Form No. 61 containing particulars of such declaration to the Director of Income-tax (Intelligence and Criminal Investigation) or the Joint Director of Income-tax (Intelligence and Criminal Investigation) through online transmission of electronic data to a server designated for this purpose and obtain an acknowledgement number; and (2) The statement referred to in clause (i) of sub-rule (1) shall,-
(i) where the declarations are received by the 30th September, be furnished by the 31st October of that year; and (3) The statement referred to in clause (i) of sub-rule (1) shall be verified—
(a) in a case where the person furnishing the statement is an assessee as defined in clause (7) of section 2 of the Act, by a person specified in section 140 of the Act;
Rule 114-B
Click Here >>
|