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>New Amendment to Income-tax Rules Requires Disclosure of Interest Inadmissible Under Section 23 of MSME Act 2006</h1> The Income-tax (Tenth Amendment) Rules, 2009, announced by the Central Board of Direct Taxes, amends the Income-tax Rules, 1962. Effective from its publication date, the amendment introduces item 17A to Form 3CD in Appendix II. This item requires the disclosure of the amount of interest inadmissible under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006. The amendment is enacted under the authority of section 295, in conjunction with section 44AB of the Income-tax Act, 1961.