The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii) 1
PUBLISHED BY AUTHORITY
No. 693] NEW DELHI, THURSDAY, AUGUST 1, 2002/SRAVANA 10, 1924 2 THEGA^TITiOFl^^^XTRAORpNARY [PART II—SEcJKii)]
MINISTRY OF FINANCE AND COMPANY AFFAIRS
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 1st August, 2002
INCOME-TAX
S.0.817(E).—In exercise of powers conferred by Section 295, read with clause (2) of Section 17 and Sub-section (2C) of Section 192 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to ament the Income-tax Rules, 1962, namely:—
1.(1) These rules may be called the Income-tax (19th Amendment) Rules, 2002.
(2) They shall be deemed to have come into force on the I st day of April, 2001.
2. In the Income-tax Rules, 1962, in rule 3,—
(a) in Sub-rule (6), the following proviso shall be inserted, namely.—
"Provided that nothing contained in this Sub-rule shall apply to the employees of the Railways";
(b) in Sub-rule (9), in the second proviso, the words "or the Railways" shall be omitted.
[Notification No 197/2002/F. No. 149/15/2002-TPL]
Dr DHEERAJ BHATNAGAR, Director Footnote :—The principal rules were published under Notification No SO. 969 dated 26-3 -1962 which lias been amended from time to time, the last such amendment was made vide notification No. S.0 151 (E) dated 4-2-2002.
EXPLANATORY MEMORANDUM
The amendment in Rule 3 is for the benefit of Railway employees and therefore not prejudicial to the assessces, who arc Railway employees.