Income-tax (16th Amendment), Rules, 2002

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....ereby makes the following rules further to amend the Income-tax Rules, 1962. namely: - 1. (1) These Rules may be called the Income-tax (16th Amendment), Rules, 2002 (2) They shall be deemed to, have come into force on the lst day of April, 2001. 2. In the Income-tax Rules, 1962, in Rule 18C, with effect from 1st day of April, 2001. (i) For the heading "Eligibility of Industrial Parks f....

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....142/22/2002-TPL                                     EXPLANATORY MEMORANDUM Under section 10A of the Income tax Act, 1961 undertaking operating from a Special Economic Zone (SEZ), which manufacture articles/things or com....

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.... 1997 and ending of the 31st day of March, 2006. 3. Rule 18C of the IT Rules, 1962, provides for eligibility of industrial parks for benefit under section 80-IA(4)(iii) of the I.T. Act. Rule 18C is being amended to enable notification of special economic zones for the purpose of benefit to developers of special economic zones under section 80-IA of the I.T. Act. 4. These changes will come in....