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<h1>Income-tax Amendment Introduces Rule 29D: Sub-contractors Must Submit Form 15-I for Tax Non-deduction; Contractors File Form 15J Annually.</h1> The Income-tax (Fourteenth Amendment) Rules, 2005, introduce Rule 29D to the Income-tax Rules, 1962. This rule mandates sub-contractors to submit a declaration in Form No. 15-I for non-deduction of tax at source to contractors, before any payment or crediting of sums. Contractors must then furnish particulars in Form No. 15J to the designated Commissioner of Income-tax by June 30 following the financial year. These forms are applicable to sub-contractors owning no more than two heavy goods carriages/trucks. The amendment aims to streamline tax-related declarations and compliance for sub-contractors and contractors.