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<h1>Definitions and References in Income-tax Rules, 1962: Key Terms Explained for Clarity and Compliance.</h1> In the Income-tax Rules, 1962, 'Act' refers to the Income-tax Act, 1961. An 'authorised bank' is defined as any bank appointed by the Reserve Bank of India as its agent under the Reserve Bank of India Act, 1934. References to 'Chapter,' 'section,' and 'Schedule' pertain to the respective parts of the Income-tax Act, 1961. All mentions of 'Forms' in these rules relate to those outlined in Appendix II.