Income-tax (15th Amendment) Rules, 2020

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....rd 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 (15th Amendment) Rules, 2020. (2) They shall come into force from the 1st day of April, 2020 and shall be applicable for assessment year 2020-21and subsequent assessment years. 2. In the Income-tax ....

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....nal under section 242 of the Companies Act, 2013 after affording a reasonable opportunity of being heard to the jurisdictional Principal Commissioner or Commissioner. Explanation.-For the purposes of this sub-rule,- (a) a company shall be a subsidiary of another company, if such other company holds more than half in nominal value of the equity share capital of the company; (b) "Tribunal....