22 September 2008
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION 3, SUB-SECTION (II) GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES New Delhi, the 24th June, 2002 NOTIFICATION INCOME-TAX S.O. 659(E).- In exercise of powers conferred by section 295 of the Incometax Act, 1961 (43 of 1961), the Central Government hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. (1) These rules may be called the Income-tax (Thirteenth Amendment) Rules, 2002. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962,- (i) in rule 12, in sub-rule (1), in clause (b), after sub-clause (iii), the following proviso shall be inserted, namely:- “ Provided that the assessee to whom clause (b) applies shall also have the option of filing the return in Form No.2D SARAL;”; (ii) in Appendix II,- (a) in Form No.1,- (i) in Schedule-A. INCOME FROM HOUSE PROPERTY,- (A) in item 6, for sub-item (b), the following shall be substituted, namely:- “(b) Unrealised rent ”; (B) in item 9,- (1) in sub-item (a), for the words “Repairs and collection charges”, the words “Thirty per cent. of the annual value” shall be substituted; (2) for sub-item (b), the following shall be substituted, namely:- “(b) Interest on capital borrowed ”; (3) sub-items (c), (d) and (e) shall be omitted; (C) in item 12, for “(u/s 25A)”, substitute “(u/s 25A and/ or u/s 25AA)”; (D) In item 13, in sub-item (b), for “1/4th”, substitute “30%”; (ii). In Schedule-C. CAPITAL GAINS,- (A) in item 10,- (1) omit “54EA 670” and “54EB 6 7 1 ” ; (2) after “54EC 672” insert “54ED 6 7 5 ” ; (B) in item 12,- after “54D 683” insert “54EA 6 8 6 54EB 687 54EC 688 54ED 689” ; (b) in Form No.2,- (i) in item 24, omit “(I-11)”; (ii) item 37 shall be omitted; (iii) in Schedule-B. INCOME FROM HOUSE PROPERTY,- (A) in item 6, for sub-item (b), the following shall be substituted, namely:- “(b) Unrealised rent ”; (B) in item 9,- (1) in sub-item (a), for the words “Repairs and collection charges”, the words “Thirty per cent. of the annual value” shall be substituted; (2) for sub-item (b), the following shall be substituted, namely:- “(b) Interest on capital borrowed ”; (3) sub-items (c), (d) and (e) shall be omitted; (C) In item 12, for “(u/s 25A)”, substitute “(u/s 25A and/ or u/s 25AA)”; (D) in item 13, in sub-item (b), for “1/4th”, substitute “30%”; (iv) in Schedule-D. CAPITAL GAINS,- (A) in item 10,- (1) omit “54EA 670” and “54EB 6 7 1 ” ; (2) after “54EC 672” insert “54ED 6 7 5 ” ; (B) in item 12,- after “54D 683” insert “54EA 6 8 6 54EB 687 54EC 688 54ED 689” ; (v) Schedule-I. GENERAL INFORMATION shall be omitted; (c) after Form No.2C, the following Form shall be inserted, namely:- "FORM NO. 2D SARAL ITS – 2D [*INCOME -TAX RETURN FORM FOR NON -CORPORATE ASSESSEES OTHER THAN PERSONS CLAIMING EXEMPTION UNDER SECTION 11] [ See proviso to rule 12(1)(b)(iii) ] DOCUMENTS ATTACHED WITH THE RETURN 1. .............................................. 2. ............................................ 3. .............................................. 4. ............................................ 5. .............................................. 6. ............................................ Verification I ......................................(name in full and in block letters), son/daughter of .........................solemnly declare that to the best of my knowledge and belief, the information given in this return and the annexures and statements accompanying it are correct, complete and truly stated and in accordance with the provisions of the Income-tax Act, 1961, in respect of income chargeable to income-tax for the previous year relevant to the assessment year ......................... Receipt No................Date.............. Seal Signature of the receiving official 762 125 820 828 837 840 873 875 862 760 891 851 832 645 695 646 696 647 697 648 698 704 705 747 772 768 802 801 810 826 Signature Date : Place : 706 775 746 776 1. NAME : ______________________________________________________________________ 2. FATHER'S NAME : ______________________________________________________________ 3. ADDRESS : ___________________________________________________________________ _______________________PIN_______________TELEPHONE________________ 4. Permanent Account Number : 8. Ward/Circle/Special Range : 5. Date of Birth : 9. SEX : M/F 6. Individual/Hindu undivided family/Firm 10. Income for the previous year i.e. 1.4.____ to 31.03.____ Association of Persons/Local authority : 11.Assessment Year : 7. Resident/ Non-Resident/Not Ordinarily Resident 12. Return : Original or Revised : 13. Details of Bank Account : Name of the Bank Address of the Branch Account Number "Please tick [ ] the bank account, where you would like the amount of refund to be credited. 14. Details of credit card : Credit Card Number : Issued by : 15. INCOME FROM SALARY (ATTACH FORM NO. 16) ............................................................. Rs. ...................... 16. INCOME FROM HOUSE PROPERTY .................................................................................. Rs. ...................... 17. INCOME FROM BUSINESS OR PROFESSION .................................................................. Rs. ...................... 18. CAPITAL GAINS 15/9 15/12 15/3 31/3 Total (a) Short Term ______ ______ ______ _____ ______ (b) Long Term ______ ______ _______ _____ ______ Rs. ...................... 19. INCOME FROM OTHER SOURCES ................................................................................... Rs. ...................... 20. INCOME OF ANY OTHER PERSON TO BE ADDED ........................................................... Rs. ...................... 21. GROSS TOTAL INCOME ( 15+16+17+18+19+20).............................................................. Rs. ...................... 22. Less : DEDUCTIONS UNDER CHAPTER VI-A ................................................................... CODE(For Office Use) (a) (b) (c) Rs. ...................... 23. TOTAL INCOME : (21- 22) ...................................................................................... Rs. ...................... 24. ADD: AGRICULTURAL INCOME (For rate purposes) .............................................. Rs. ...................... 25. INCOME CLAIMED TO BE EXEMPT FROM INCOME TAX ..................................... Rs. ...................... 26. TAX ON TOTAL INCOME INCOME INCOME-TAX (a) At normal rates .................... (b) At Special rates.................... Rs. ...................... 27. LESS : REBATE .................................................................................................... Rs. ...................... 28. TAX PAYABLE ....................................................................................................... Rs. ...................... 29. ADD: SURCHARGE ............................................................................................... Rs. ...................... 30. TOTAL TAX PAYABLE : ( 28+29) ............................................................................ Rs. ...................... 31. LESS : RELIEF ...................................................................................................... Rs. ...................... 32. NET TAX PAYABLE ............................................................................................... Rs. ...................... 33. LESS : TAX DEDUCTED AT SOURCE ................................................................... Rs. ...................... 34. LESS : ADVANCE TAX PAID Date Date Date Amount Amount Amount .......... Rs. ...................... 35. ADD : INTEREST PAYABLE U/s 234A 234B 234C Total Rs. ...................... 36. LESS : SELF ASSESSMENT TAX PAID ................................................................ Rs. ...................... 37. BALANCE TAX : PAYABLE / REFUNDABLE ......................................................... Rs. ...................... 701 702 703 SECTION AMOUNT (Rs.) *Please go through the instructions. These will help you in filing the return."; (d) in Form No.3,- (i) in item 24, omit “(SCH H-10)”; (ii) item 37 shall be omitted; (iii) in Schedule-B. INCOME FROM HOUSE PROPERTY,- (A) in item 6, for sub-item (b), the following shall be substituted, namely:- “(b) Unrealised rent ”; (B) in item 9,- (1) in sub-item (a), for the words “Repairs and collection charges”, the words “Thirty per cent. of the annual value” shall be substituted; (2) for sub-item (b), the following shall be substituted, namely:- “(b) Interest on capital borrowed ”; (3) sub-items (c), (d) and (e) shall be omitted; (C) In item 12, for “(u/s 25A)”, substitute “(u/s 25A and/ or u/s 25AA)”; (D) In item 13, in sub-item (b), for “1/4th”, substitute “30%”; (iv). In Schedule-C. CAPITAL GAINS,- (A) in item 10,- (1) omit “54EA 670” and “54EB 6 7 1 ” ; (2) after “54EC 672” insert “54ED 6 7 5 ” ; (B) in item 12,- after “54D 683” insert “54EA 6 8 6 54EB 687 54EC 688 54ED 689” ; (v). Schedule-H. GENERAL INFORMATION shall be omitted. F.No.142/10/2002-TPL Notification No. 159/2002 (Deepika Mittal) Under Secretary to the Govt. of India Note: The principal rules were published vide notification number S.O.No.969(E) dated 26.3.1962 and were last amended by Income-tax (Twelfth Amendment) Rules, 2002 vide notification S.O.No. 658(E) dated the 21st June, 2002.
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