Amount received for any expenditure actually incurred by an individual for his medical treatment or treatment of any member of his family, for any illness related to COVID-19 - Specified conditions u/s 56(2)(x) for individual to keep record of documents.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....T TAXES) NOTIFICATION NO. 91/2022 New Delhi, the 5th August, 2022 S.O. 3704(E).-In exercise of the powers conferred by clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of the Income-tax Act,1961 (43 of 1961),the Central Government hereby specifies the following conditions, namely:- 1. The individual shall keep a record of the following documents, namely:- (i) ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 1961 shall be verified and furnished in Form No. 1. 3. The details of the amount received in any financial year shall be furnished in Form No. 1 to the Income Tax Department within nine months from the end of such financial year or 31.12.2022, whichever is later. Form No. 1 S. No. 1. Name: 2. Address: 3. Permanent account number: 4. Details of diagnosis of being positive for COVID-19: ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tters) son/daughter/wife of __________________________________________ do hereby declare that: To the best of my knowledge and belief whatever is stated in the above columns including the documents attached supporting the statement is correct and complete. I further declare that during the previous year…….mm/dd/yyyy the total amount received by me is solely for the purpose of exp....