Home Business Startup Cost Type of Organizations Our Services Business Directory Articles Job Alert

Rule 1 of Income Tax Rule 1962 - Short Title and Commencement

Short Title and Commencement of Income Tax Rule 1962

 

Rule 1 of Income Tax Rule 1962 defines the how the income tax rules created by Central Board of Revenue by exercising its power conferred by section295 of Income Tax Act, 1965.

Provisions in Income Tax Rules 1962 related to Rule 1 is as under:

In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), and rule 15 of Part A, rule 11 of Part B and rule 9 of Part C of the Fourth Schedule to that Act, the Central Board of Revenue hereby makes the following rules, namely :-

Part 1
Preliminary

Short title and commencement.
1. (1) These rules may be called the Income-tax Rules, 1962.
(2) They shall come into force on the 1st day of April, 1962.

Rule 1 of Income Tax Rule 1962 - Short Title and Commencement

 

Rule 2 of Income Tax Rule 1962 - Definitions of Income Tax Rules

 

Rule 2A Limits for the Purposes of Salary income Income Tax Rules 1962

Rule 2B Conditions for the purposes of Section 10(5) of Income Tax Act in respect of value of travel concession or allowance received or due to employee from employer

 

Rule 2BA Guidelines for the purposes of Section 10(10C) of Income Tax Act in respect of amount received by employee from employer: Rule 2BA of Income Tax Rules 1962

 

Rule 2BB Prescribed Allowances for the purpose of Section 10(14) of Income Tax Act : Rule 2BB of Income Tax Rules 1962

 

Rule 2BBA Conditions and Circumstances for the purposes of Section 10(19) of Income Tax Act : Rule 2BBA of Income Tax Rules 1962

 

Rule 2BC Amount of annual receipt for the purpose of Section 10(23)(iiiad) and (iiiae) of Income Tax Act : Rule 2BC of Income Tax Rules 1962

 

Rule 2C Defines guidelines for approval under section 10(23)(iv) and (v) of Income Tax Act : Rule 2C of Income Tax Rules 1962

 

Rule 2CA Guidelines for approval under section 10(23C)(vi) and (via) of Income Tax Act : Rule 2CA of Income Tax Rules 1962

 

Rule 2D Guidelines for approval under section 10(23F) of Income Tax Act : Rule 2D of Income Tax Rules 1962

 

Rule 2DA Guidelines for approval under section 10(23FA) of Income Tax Act : Rule 2DA of Income Tax Rules 1962

 

Rule 2E Guidelines for approval under section 10(23G) of Income Tax Act : Rule 2E of Income Tax Rules 1962

 

Rule 2F Guidelines for setting up an infrastructure Debt fund for the purpose of exemption under section 10(47) of Income Tax Act : Rule 2F of Income Tax Rules 1962

 

Rule 3 Valuation of Perquisites to employees and Tax on Perquisites: Rule 3 of Income Tax Rules 1962

 

Rule 3A Exemption of medical benefit value of perquisites to employees and Tax on Perquisites: Rule A of Income Tax Rules 1962

 

Rule 4 Unrealized rent of Income from House Property: Rule 4 of Income Tax Rules 1962

 

Rule 5 Depreciation treatment against Profit and gains from Business or profession.: Rule 5 of Income Tax Rules 1962

 

Rule 5A Report by accountant claiming deduction under section 32(1)(iia): Rule 5A of Income Tax Rules 1962

 

Rule 5AA Prescribed authority for Investment Allowance: Rule 5AA of Income Tax Rules 1962

About Us | Contact Us | Terms and Conditions | Disclaimer | Privacy Policy | Sitemap