Income-tax (First Amendment) Rules, 2007

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.... parents, sisters and minor brothers", the words "dependent parents" shall be substituted; (b) after rule 71, the following rule shall be inserted, namely: "Certain rules not to apply. 71 A. The conditions stipulated in rules 68, 69, 70 and 71 shall not apply in respect of withdrawals made after 1st April, 2007 from a fund which fulfills the conditions stipulated in 1[clause] (ea) of rule 4 of Part A of the Fourth Schedule to the Income-tax Act, 1961."; (c) in rule 74, (i) for sub-rule (4), the following shall be substituted, namely: "(4) An abstract for the financial year or other applicable accounting period of the individual account of each employee participating in a provident fund shall be furnished ....

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....rm number 40C and shall include the following information" shall be substituted; (ii) for sub-rule (4), the following shall be substituted, namely: "The application in Form number 40C shall be verified in the manner specified therein."; (iii) after sub-rule (4) as so amended, the following shall be inserted, namely: "(5) A fund which has been granted recognition on or before 31st March, 2006 or has applied for recognition before the publication of this notification in the Official Gazette, shall make a fresh application in Form No. 40C through the assessing officer referred to in sub-rule (2)." (e) for rule 79, the following shall be substituted, namely:- "Withdrawal of recognition. 79.(1) The Chief Comm....

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.... (b) If not, the reasons thereof: 15. Please indicate the contribution by the employee as a percentage of his salary: 16. Please indicate the contribution by the employer as a percentage of employee's salary: 17. The contribution being made/proposed to be made by the employer: 18. Whether the establishment is covered under Employees' Provident Fund and Miscellaneous Provisions Act, 1952 (EPF and MP Act): Yes/No If yes, (a) whether covered under section 1(3) of EPF and MP Act: (b) whether covered under section 1(4) of EPF and MP Act: 19. (a) Whether the establishment is exempt under section 17 of the EPF and MP Act: Yes/No (b) If yes, please indicate the exemption number/date and enclose documentary proof: (c) If no, pleas....