RULE 278 INCOME-TAX RULES 2026 RULE 278 INCOME-TAX RULES 2026 Conditions for purposes of Schedule III [Table: Sl. No. 8] to the Act. 278. (1) The amount exempted under Schedule III [Table: Sl. No. 8] to the Act in respect of the value of travel concession or assistance received by or due to the individual from… Read More »
RULE 277 INCOME-TAX RULES 2026 RULE 277 INCOME-TAX RULES 2026 Calculation of taxable interest relating to contribution in a provident fund or recognised provident fund, exceeding specified limit. 277. (1) Taxable interest under Schedule II [Table: Sl. Nos. 3 and 4. C] to the Act shall be computed as the interest accrued in the taxable contribution… Read More »
RULE 276 INCOME-TAX RULES 2026 Statement to be furnished by eligible investment fund under section 9(12) read with Schedule I to the Act. 276. (1) The statement required under paragraph 1(4) of Schedule I to the Act shall be furnished to the Assessing Officer electronically under digital signature, for every financial year by the eligible investment… Read More »
RULE 275 INCOME-TAX RULES 2026 RULE 275 INCOME-TAX RULES 2026 Approval of the investment fund at its option for purposes of section 9(12). 275. (1) An investment fund, may at its option, seek approval of the Board regarding its eligibility for the purposes of section 9(12). (2) The fund seeking approval, may make an application, in… Read More »
RULE 274 INCOME-TAX RULES 2026 RULE 274 INCOME-TAX RULES 2026 Procedure for investment fund for availing benefit under section 9(12) read with Schedule I to Act. 274. (1) Where the investment in a fund has been made directly by an institutional entity, the number of members and the participation interest in such fund shall be determined… Read More »
RULE 273 INCOME-TAX RULES 2026 RULE 273 INCOME-TAX RULES 2026 Deduction in respect of expenditure on acquisition of distribution rights of feature films. 273. (1) In computing the profits and gains of the business of production of feature films carried on by a person (herein referred to as the film distributor), the deduction in respect of… Read More »
RULE 272 INCOME-TAX RULES 2026 RULE 272 INCOME-TAX RULES 2026 Deduction in respect of expenditure on production of feature films. 272. (1) In computing the profits and gains of the business of production of feature films carried on by a person (herein referred to as the film producer), the deduction in respect of the cost of… Read More »
RULE 271 INCOME-TAX RULES 2026 RULE 271 INCOME-TAX RULES 2026 Income from manufacture of rubber, coffee and tea. 271. (1) In terms of section 533(2)(b)(i), incomes specified in column B of the following Table, shall be computed as if it were incomes derived from business and the percentage of such incomes specified in column C thereof… Read More »
RULE 270 INCOME-TAX RULES 2026 Determination of income, being partly from agricultural and partly from business. 270. (1) In terms of section 533(2)(b)(i), in case of income, which is partially agricultural income and partially from business, the market value of any agricultural produce which has been raised by the assessee, or received by him as rent… Read More »
RULE 269 INCOME-TAX RULES 2026 Procedure to be followed in calculating interest under section 533(2)(u). 269. In calculating the interest payable by the assessee or the interest payable by the Central Government to the assessee under any provision of the Act,— (a) where interest is to be calculated on annual basis, the period for which such… Read More »