Income–tax (30th Amendment) Rules, 2016 - Specifies the limit for deposit of Cash without PAN and Issues Direction to banks for Submission of information for deposit of cash in excess of specified limit for the period from 9.11.2016 to 30.12.2016

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....ment of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION No. 104/2016 New Delhi, the 15th November, 2016 INCOME-TAX G.S.R 1068(E). - In exercise of the powers conferred by section 285BA, read with section 295 of the 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....

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....ng any one day; or (ii) aggregating to more than two lakh fifty thousand rupees during the period 09th November, 2016 to 30th December, 2016.". 3. In the said rules, in rule 114E, - (i) in sub-rule (2), in the Table, after serial number 11 and entries relating thereto the following serial number and entries shall be inserted, namely:- Sl. No. Nature and value of transaction Class....