Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Simplified taxation procedure for retail traders: statement form under Section 115K omitted by amendment, relieving the prescribed filing obligation. The simplified procedure for taxation of retail traders under Chapter XII-C required a statement form to be furnished under Section 115K and Rule 11EE, but that provision and form requirement have been omitted by the Income-tax (Thirty-second Amendment) Rules, 1999, thereby removing the prescribed rule reference and form obligation from the Chapter XII-C framework.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Simplified taxation procedure for retail traders: statement form under Section 115K omitted by amendment, relieving the prescribed filing obligation.
The simplified procedure for taxation of retail traders under Chapter XII-C required a statement form to be furnished under Section 115K and Rule 11EE, but that provision and form requirement have been omitted by the Income-tax (Thirty-second Amendment) Rules, 1999, thereby removing the prescribed rule reference and form obligation from the Chapter XII-C framework.
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