Income Tax (25th Amendment) Rules, 2017 notified

G.S.R.   1527(E).—In exercise of the powers conferred by Section 282 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.(1)  These rules may be called the Income –tax (25th 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 127, in sub-rule (2), after the proviso, the following proviso shall be inserted:-

“Provided  further  that  where  the communication  cannot  be delivered  or transmitted  to the address mentioned  in item (i) to (iv) or any other address furnished  by the addressee  as referred to in first proviso, the communication shall be delivered or transmitted to the following address:—

(i) the address of the assessee as available with a banking company or a co-operative bank to which the Banking Regulation Act, 1949 (10 of 1949) applies (including any bank or banking institution referred to in Section 51 of the said Act); or

(ii) the address of the assessee as available with the Post Master General as referred to in clause (j) of Section 2 of the Indian Post Office Act, 1898 (6 of 1898); or

(iii) the address of the assessee as available with the insurer as defined in clause (9) of Section 2 of the Insurance Act, 1938 (4 of 1938); or

(iv)  the  address  of  the  assessee  as  furnished  in  Form  No. 61  to  the  Director  of  Income-tax (Intelligence  and Criminal  Investigation)  or to the Joint Director  of Income-tax  (Intelligence  and Criminal Investigation) under sub-rule (1) of  Rule 114D; or

(v) the address of the assessee as furnished in Form No. 61A under sub-rule (1) of Rule 114E  to the Director of Income-tax (Intelligence and Criminal Investigation) or to the Joint Director of Income- tax (Intelligence and Criminal Investigation); or

(vi) the address of the assessee as available in the records of the Government; or

(vii) the address of the assessee as available in the records of a local authority as referred to in the Explanation below clause (20) of Section 10 of the Act.”

[Notification No.   98/2017/F. No. 370142/36/2017-TPL]

Note: The principal rules were published vide notification number S.O. 969(E), dated the 26th March, 1962 and  last  amended   by  Income-tax   (24th  Amendment)   Rules,   2017  vide  notification   number S.O. No. 3497(E), dated the  31st October, 2017.

Ministry of Finance (Department of Revenue)

Central Board of Direct Taxes

Join the discussion

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.