Income-tax (2nd Amendment) Rules, 2001

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.... Income-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. (1) These rules may be called the Income-tax (2^nd Amendment) Rules, 2001.      (2) They shall come into force on the 1st day of April, 2002 and shall, accordingly, apply to assessment year 2002-2003 and subsequent....

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.... under the provisions of clause (31) of section 10, is not includible in the total income. 7B, Income from the manufacture of coffee.- (1) Income derived from the sale of coffee grown and manufactured by the seller in India, with or without mixing of chicory or other flavouring ingredient, shall be computed as if it were income derived from business, and forty per cent of such income shall be d....