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        <h1>Income-tax Rules Amended: New Rule 29AA Introduces Form 10HA for Section 80-O Compliance on Foreign Exchange Deductions.</h1> The Income-tax (11th Amendment) Rules, 1999, effective from June 1, 1999, amends the Income-tax Rules, 1962. It introduces Rule 29AA, which specifies that the certificate required under the second proviso to Section 80-O of the Income-tax Act, 1961, must be in Form No. 10HA. This form is divided into two parts: Part A, which is a certificate of foreign inward remittance to be provided by banks, and Part B, which is a certificate to be filled by the eligible assessee. The form ensures compliance with the provisions related to foreign exchange brought into India and deductions claimed under Section 80-O.

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