Income Tax Notification No101 /2021 : Income-tax (27th Amendment) Rules, 2021

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 6th September, 2021

G.S.R. 616(E).—In exercise of the powers conferred by sub-clause (b) of clause (i) of
sub-section (7) of section 144B read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central
Board of Direct Taxes hereby makes the following rules further to amend Income-tax Rules, 1962,
namely:-

1. Short title and commencement.— (1) These rules may be called the Income-tax (27th
Amendment) Rules, 2021.
(2) They shall come into force from the date of their publication in the Official Gazette.
2. In the Income-tax Rules, 1962, after rule 14B, the following rule shall be inserted, namely:––
‗14C. Prescribed manner of authentication of an electronic record under electronic
verification code under sub-clause (b) of clause (i) of sub-section (7) of section 144B.- For
the purposes of sub-clause (b) of clause (i) of sub-section (7) of section 144B, where an
assessee or any other person submits an electronic record by logging into his registered account
in designated portal of the Income-tax Department, it shall be deemed that the electronic record
has been authenticated under electronic verification code

Explanation.- For the purposes of this rule, ―designated portal‖ shall have the same meaning as assigned to
it in in clause (i) of the Explanation below to section 144B‘.

[Notification No. 101 /2021/F.No. 370142/35/2021-TPL (Part-I)]

SHEFALI SINGH, Under Secy., Tax Policy and Legislation

Note : The principal rules were published vide notification S.O. 969(E), dated the 26th March, 1962 and last
amended vide notification GSR 612(E), dated the 02nd September, 2021.