Income-tax Rules, 1962 - Several Changes

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.... 2015.     (2) They shall be deemed to have come into force with effect from the 1st day of April, 2015. 2. In the Income-tax Rules, 1962,─ (1) in rule 12,─ (a) in sub-rule (1),- (A) after the words, brackets, figure and letter "sub-section (4D)" the words, brackets, figure and letter "or sub-section (4E)" shall be inserted; (B) for the figures "2014", the figures "2015" shall be substituted; (C) in clause (a), in the proviso, in clause (I), for sub-clause (ii), the following sub clauses shall be substituted, namely:- "(ii) signing authority in any account located outside India; or (iii) income from any source outside India;"; (D) in clause (c....

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....2) is required to be furnished electronically; or (IV) any report of audit referred to in proviso to sub -rule (2) is required to be furnished electronically; or (V) total income assessable under the Act during the previous year of the person (other than the person, being an individual of the age of 80 years or more at any time during the previous year and furnishing the return in Form ITR-1 or ITR-2),- (i) exceeds five lakh rupees; or (ii) any refund is claimed in the return of income; (A) Electronically under digital signature; or (B) Transmitting the data in the return electronically under electronic verification code; or (C) Transmitting the data in the return electronically and thereafter submitting the verificatio....