REGD. NO. D. L.-33004/99

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

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PUBLISHED BY AUTHORITY

No. 693]

NEW DELHI, THURSDAY, AUGUST 1, 2002/SRAVANA 10, 1924

2421 GI/2002

(1)

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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.

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