Income-tax (14th Amendment) Rules, 2020.

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....x) of sub-section (2) of section 56 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. Short title and commencement.‒ (1) These rules may be called the Income-tax (14th Amendment) Rules, 2020. (2) They shall come into force from th....

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....ther documents including documents evidencing payment of consideration for conferring or recognising right of ownership or transfer or mortgage in regard to such immovable property in favour of such resident. Explanation.-For the purposes of this sub-rule,- (a) "resident" means a person having physical possession of property on the basis of a registered sale deed or latest set of Power of At....

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....ard of Directors of such company and has appointed new directors nominated by the Central Government under section 242 of the said Act; and (ii) share of company and its subsidiary and the subsidiary of such subsidiary has been received pursuant to a resolution plan approved by the Tribunal under section 242 of the Companies Act, 2013 after affording a reasonable opportunity of being heard to t....

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....assigned to it in sub-clause (b) of clause (1) of paragraph 2 of the Scheme; (b) "investor bank " shall have the same meaning as assigned to it in sub-clause (c) of clause (1) of paragraph 2 of the Scheme; (c) "reconstructed bank" shall have the same meaning as assigned to it in sub-clause (d) of clause (1) of paragraph 2 of the Scheme; (d) "Scheme" means Yes Bank Limited Reconstruction S....