Income Tax :- Notification for New ITR Forms for F.Y. 2014-15 or Assessment Year 2015-16

Wednesday, June 24, 2015 | comments

CBDT has released Notification dated 22-06-2015 regarding new ITR forms for the Financial Year 2014-15 or Assessment Year 2015-16 which were most awaited by every Indian income Tax assessee.  Copy of  Notification is given below :- 



[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, 
SECTION 3, SUB- SECTION (ii)] 

GOVERNMENT OF INDIA 
MINISTRY OF FINANCE 
DEPARTMENT OF REVENUE 
[CENTRAL BOARD OF DIRECT TAXES]

 NOTIFICATION 

New Delhi, the 22nd day of June, 2015 

Income-tax 

S.O. 1660 (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 (8th Amendment) Rules, 2015. 
    (2) They shall be deemed to have come into force with effect from the 1st day of April, 2015. 

2. In the Income-tax rules, 1962,− 
    (1) in rule 12,− 
                (a) in sub-rule (1),- 
                        (I) in clause (a), in the proviso, for clause (III), the 
                             following clause shall be substituted, namely: − 
                                        “(III) has agricultural income, exceeding five thousand rupees;”; 

                      (II) after clause (b) the following clause shall be inserted, namely:- 

                            ‘(ba) in the case of a person being an individual not being an individual to 
                             whom clause (a) applies or a Hindu undivided family where the total income
                             does not include any income chargeable to income-tax under the heads 
                           “Profits or gains of business or profession” and “Capital gains” and to whom
                           the provisions of clause (I) and clause (II) of the proviso to clause (a) does not 
                           apply, be in Form No. ITR-2A and be verified in the manner indicated therein;’; 

                   (III)  in clause (ca), in the proviso, for clause (III), the following clause shall be 
                             substituted,                          namely: − “

                              (III) has agricultural income, exceeding five thousand rupees;”; 


            (b) in sub-rule (4), for the words, brackets, letters and figures “in the manners specified 
               in clauses (i), (iii) and (iv) of sub-rule (3)”, the words, brackets, letters and figures “
              in the manners (other than the paper form) specified in column (iv) of the Table in 
              sub-rule (3)” shall be substituted. 

(2) in Appendix-II, for “Forms SAHAJ (ITR-1), ITR-2 and SUGAM (ITR-4S)” the “Forms SAHAJ (ITR-1), ITR-2, ITR-2A and SUGAM (ITR-4S)” shall be substituted, namely:- 

_________________________________________________________________________________

[Notification No. 49/2015/ F.No.142/1/2015-TPL] 
(Gaurav Kanaujia) 
Director to the Government of India 

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 last amended by the Income-tax (7 th Amendment) Rules, 2015, vide notification number S.O. No. 1014 (E), dated 15 April, 2015.
Share this article :

to View TDS Links click below image

 
Support : Tds Tax India
Copyright © 2011. Tds Tax India - All Rights Reserved
Site Created by Tds Tax India