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of <h1>Income-tax Rules Amended: Changes to Forms 3CF, 10A, 10AB, 10BD, 10BE for Better Compliance and Tax Exemption Clarity.</h1> The Income-tax (Fourteenth Amendment) Rules, 2022, effective from May 9, 2022, amend various forms under the Income-tax Rules, 1962. Key changes include updates to Form 3CF, Form 10A, Form 10AB, Form 10BD, and Form 10BE. These amendments involve modifications to the details required in the forms, such as information on beneficial ownership, research facilities, and financial details. The changes also include new requirements for documentation and registration details for entities seeking tax exemptions under various sections of the Income-tax Act, 1961. The amendments aim to streamline the process and ensure compliance with updated tax regulations.
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