income tax
This blog discusses Notification S.O. 609(E), which involves amendments made to the Income-tax Rules, 1962, as authorized by Section 295 of the Income-tax Act, 1961.
The Central Board of Direct Taxes (CBDT), exercising the powers granted under Section 295 of the Income-tax Act, 1961 (43 of 1961), has enacted additional rules to amend the existing Income-tax Rules, 1962. The notification specifically addresses the Income-tax (Seventh Amendment) Rules, 1979, and indicates that the detailed amendments are included in the existing rules, hence not reproducing them verbatim in this notification.
In summary, Notification S.O. 609(E) serves to inform stakeholders of the updates made to the Income-tax Rules, 1962, reflecting the continuous efforts to modify tax regulations as per the legislative framework established by the Income-tax Act. For further details, one may refer to the body of the Income-tax Rules where the specific amendments are outlined.