Income-tax (Eighth Amendment) Rules, 2024.

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....entral Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. (1) These rules may be called the Income-tax (Eighth Amendment) Rules, 2024. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962,-- (a) in rule 21AA, - (i) in the marginal heading, for the word, figures ....

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....apter XVII, for the same financial year; or (c) loss, if any, under the head "Income from house property" in the same financial year, in Form No. 12BAA, for the purpose of computing the tax deduction at source under sub-section (1) of section 192."; (c) in Appendix II,-- (A) in Form No. 10E, - (i) in the heading, for the word, figures and brackets "section 89(1)", the word and figures "s....

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....l be substituted; (B) after Form No. 12BA, the following Form shall be inserted, namely - "FORM NO. 12BAA [See rule 26B] Statement showing particulars for the purposes of sub-section (2B) of section 192 1. Name and address of the employee: 2. [Permanent Account Number or Aadhaar Number] of the employee: 3. Financial year: DETAILS OF PARTICULARS FOR THE PURPOSES OF SUB-SECTION (2B) OF SECT....

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....numbered 19 and the entries relating thereto, the following shall be substituted, namely :-- "19. Less: Tax deducted at source as per Form No. 12BAA submitted under provisions of section 192(2B) Rs. 20. Less: Tax collected at source as per Form No. 12BAA submitted under provisions of section 192(2B) Rs. 21. Net tax payable ( 17-18-19-20) Rs. (D) in Form No. 24Q, in Annexure II, in the t....