Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income-tax Rules Amended: Changes to Rule 114F on Retirement Funds, Effective Retroactively from August 2015.</h1> The Income-tax (35th Amendment) Rules, 2016, issued by the Central Government, amend the Income-tax Rules, 1962, under the authority of section 285BA and section 295 of the Income-tax Act, 1961. Effective retrospectively from August 7, 2015, these amendments modify specific clauses in rule 114F. Changes include substituting certain sub-clause references within clauses (g) and (h) of the rule's Explanation, affecting the categorization of retirement or pension funds. The notification assures that the retrospective application will not adversely affect any parties.