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    <title>Equalisation levy (Amendment) Rules, 2020</title>
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    <description>Amendments to the Equalisation Levy Rules, 2016 prescribe an electronic verification code and require statements under section 167 to be furnished in Form No.1 either electronically under digital signature or via the electronic verification code; the Principal Director-General/Director General of Income-tax (Systems) shall prescribe procedures, data structures, standards and security, archival and retrieval policies for electronic filing. Assessees and e-commerce operators must remit equalisation levy using an equalisation levy challan to specified banks; forms and appeal processes (Forms No.1-No.4) are revised to reflect these requirements and verification norms.</description>
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