Form No. 64A and 64B is notified for furnishing statement of income distributed by a business trust

 

[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) 

NOTIFICATION 

INCOME-TAX

 

New Delhi, the 19th
January, 2015

 

S.O.
180
(E). – In exercise of the powers conferred by section 295 read with sub-section
(4) of section 115 UA of the Income-tax Act, 1961 (43 of 1961), the Central
Board of Direct Taxes hereby makes the following rules further to amend the
Income-tax Rules, 1962, namely:-

 

1.  (1) These rules may
be called the Income-tax (1St Amendment) Rules, 2015.

 

(2)     They
shall come into force from the day of their publication in the ) Official
Gazette.

 

2.       
In
the Income-tax Rules, 1962, –

 

(A)        
After
rule12C the following rule shall be inserted, namely:-

 

“Statement under
sub-section (4) of section 115UA.

 

12CA. (1)The statement of income
distributed by a business trust to its unit holder shall be furnished       to the Principal Commissioner or the Commissioner
of Income-tax within whose jurisdiction the principal office of the business
trust is situated, by the 30th November of the financial year following the
previous year during which such income is distributed,:

 

Provided that
the statement of income distributed shall also be furnished to the unit
holder by the 30
th June of the financial year
following the previous year during which the income is distributed.

 

(2) The statement of income distributed shall
be furnished under sub-section (4) of section 115UA by the business trust to –

(i) The Principal Commissioner or the
Commissioner of Income-tax referred to in sub-rule (1), in Form No. 64A, duly
verified by an accountant in the manner
indicated therein and shall be furnished electronically under digital
signature;

 

(ii) The unit holder in Form No. 64B, duly
verified by the person distributing the income on behalf of the business trust
in the manner indicated therein.

 

(3) The Director General of Income-tax
(Systems) shall specify the procedure for filing of Form No. 64A and shall also
be responsible for evolving and implementing appropriate security, archival and
retrieval policies in relation to the statements so furnished.”;

 

(B)        
in the Appendix II, after the Form No. 64,
the following Forms shall be inserted, namely:– 

Download The Complete Notification along with Forms

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