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of <h1>Income-tax Rules Amended: Form No. 1 in Appendix II Updated u/s 295 of Income Tax Act, 1961.</h1> The Central Board of Direct Taxes, under the Ministry of Finance, issued a notification amending the Income-tax Rules, 1962, under the authority of section 295 of the Income Tax Act, 1961. This amendment, initially referred to as the 8th Amendment, was corrected to the 9th Amendment through Notification No. 252 of 2004. The amendment involves changes to Form No. 1 in Appendix II of the Income-tax Rules. The rules were set to take effect upon their publication in the Official Gazette.
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