Income-tax (4th Amendment) Rules, 2021 - Amends Rule 114E. - Furnishing of statement of financial transaction

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....5 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend Income-tax Rules, 1962, namely:- 1. Short title and commencement. - (1) These rules may be called the Income-tax (4th Amendment) Rules, 2021. (2) They shall come into force from the date of its publication in the Official Gazette. 2. In the Income-tax Rules, 1962, in r....

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....General of Income Tax (Systems) or the Director General of Income Tax (Systems), as the case may be, with the approval of the Board, namely:- TABLE Sl.No. Nature of transaction Class of person (reporting person) (1) (2) (3) 1. Capital gains on transfer of listed securities or units of Mutual Funds (i) Recognised Stock Exchange; (ii) depository as defined in clause (e) of sub-section (1)....

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....sit from public. Explanation. - For the purposes of this rule,- (a) "listed securities" means the securities which are listed on any recognised stock exchange in India; (b) "Mutual Fund" means a Mutual Fund as referred to in clause (23D) of section 10 of the Act; (c) "recognised clearing corporation" shall have the same meaning as assigned to it in clause (o) of sub-regulation (1) of regul....

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....)" shall be inserted; (ii) in clause (b), after the words, brackets and figures "column (3) of the Table under sub-rule (2)", the words, brackets, figures and letter "and column (3) of the Table under sub-rule (5A)" shall be inserted; (iii) in Explanation 2, after the words, brackets and figures "Table in sub-rule (2)", the words, brackets, figures and letter "and in sub-rule (5A)" shall be in....