CBDT omits certain Rules & Forms; Board to specify e-filing of Forms which are prescribed in Appendix II
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- Last Updated on 2 August, 2021
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Notification No. 83/2021, dated 29-07-2021
The Central Board of Direct Taxes (CBDT) has notified two new Rules, i.e., Rule 130 and Rule 131 to the Income-tax Rules, 1962. Rule 130 provides for the omission of certain existing Rules and Forms. A few of such Rules which have been omitted are Rules 5A, 5AB, 6ABB, 12B, etc. In respect of Forms, Rule 130 has listed down several forms which shall be omitted such as ITR-8, 2B, 2C, 2E, etc. However, most of these forms have already become redundant.
It has also been clarified that any proceedings which are pending before income-tax authority or court shall be continued & disposed of in accordance with mentioned Rules and Forms.
Further, Rule 131 provides for e-filing of forms, returns, statements, reports, etc. prescribed in Appendix II. It has been provided that the Principal Director General of Income-tax (Systems) or the Director-General of Income-tax (Systems), as the case may be, may with the approval of the Board specify that any of the Forms, returns, statements, reports, orders, by whatever name called, prescribed in Appendix II, shall be furnished electronically:
i. under digital signature, if the return of income is required to be furnished under digital signature; or
ii. through electronic verification code in a case not covered in (i).
The PDGIT (Systems) or the DGIT (Systems) shall also lay down the data structure, standards, and procedure of furnishing and verification of such forms, including modification in format, to make it compatible for furnishing electronically.
Read Full Circular Here
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