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of <h1>Amendment to Income-tax Rules: Rule 10VA revised to clarify supervisory roles within the Central Board of Direct Taxes.</h1> The Income-tax (Fifth Amendment) Rules, 2018, issued by the Central Board of Direct Taxes under the Ministry of Finance, amends the Income-tax Rules, 1962. Effective from its publication date, the amendment modifies rule 10VA, sub-rule (2), replacing 'Member (Income-tax), Central Board of Direct Taxes' with 'the Member, Central Board of Direct Taxes having supervision and control over the work of Foreign Tax and Tax Research (FT&TR) Division.' This change aims to clarify the supervisory role within the Department of Revenue, Ministry of Finance.
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