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of <h1>Amendment to Income-tax Rules Introduces Form 15G for Non-Company Income Declaration; Forms 15H and 15-I Removed.</h1> The Income-tax (Eighth Amendment) Rules, 2003, effective from its publication date, amend the Income-tax Rules, 1962. The amendment replaces Rule 29C, detailing the declaration process for individuals or entities (excluding companies or firms) claiming certain incomes without tax deduction. Form No. 15G is introduced for this purpose, requiring individuals to declare their income sources and verify the information. The declaration must be submitted in duplicate to the person responsible for paying the income, who then forwards a copy to the Chief Commissioner or Commissioner of Income-tax. Forms 15H and 15-I are omitted in this amendment.
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