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Income-tax (Seventh Amendment) Rules, 1998

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....come-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- (1) These rules may be called the Income-tax (Seventh Amendment) Rules, 1998. (2) They shall be deemed to have come into force on the 1^st day of August, 1997. 2. In the Income-tax Rules, 1962, in rule 2 BB, in sub-rule (2), ....

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.... of the Central Government, with effect from the 1st day of August, 1997, a transport allowance of an amount not exceeding Rs. 800 per month, in accordance with their entitlement, The officers of the rank of Joint Secretary and above in the Central Government are entitled for official vehicles for the purpose of their journeys from home to office and back in lieu of the transport allowance which i....