TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income-tax Rules Amended: New Reporting Requirements for Entities Under Section 35AC; Forms 58C and 58D Introduced.</h1> The Income-tax (Fifteenth Amendment) Rules, 2005, introduced by the Central Board of Direct Taxes, amend the Income-tax Rules, 1962, by inserting rules 11MA and 11MAA. Rule 11MA mandates that approved associations or institutions submit a report in Form No. 58C to the National Committee under section 35AC of the Income-tax Act, 1961. Rule 11MAA requires public sector companies, local authorities, or approved entities to submit a report in Form No. 58D for eligible projects or schemes. These reports must be furnished within three months from the end of the financial year, and the National Committee may inspect the information provided.
TaxTMI 
TaxTMI 
