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<h1>Income-tax Rules Amended: New Filing Requirements for High-Income Earners and Foreign Asset Holders under Section 295</h1> The Income-tax (Third Amendment) Rules, 2012, effective April 1, 2012, amend the Income-tax Rules, 1962, under section 295 of the Income-tax Act, 1961. Changes include updates to rule 12, where the year '2011' is replaced with '2012.' New provisions exclude individuals or Hindu undivided families with assets or signing authority outside India from certain clauses. Individuals or Hindu undivided families with income over ten lakh rupees must file returns in specified forms for the assessment year 2012-13 onward. Appendix-II updates substitute the forms SAHAJ (ITR-1), ITR-2, ITR-3, SUGAM (ITR-4S), ITR-4, and ITR-V.