RULE 2 INCOME-TAX RULES 2026 Definitions

By | April 1, 2026

RULE 2 INCOME-TAX RULES 2026

Definitions.

2. (1) In these rules, unless the context otherwise requires,—

(a)“Act” means the Income-tax Act, 2025 (30 of 2025);
(b)“authorised bank” means any bank as may be appointed by the Reserve Bank of India as its agent under the provisions of sub-section (1) of section 45 of the Reserve Bank of India Act, 1934 (2 of 1934);
(c)“Form” means a Form in Appendix III appended to these rules;
(d)“section” means a section of the Act.

(2) Words and expressions used herein and not defined but defined in the Act shall have the meanings respectively assigned to them in the Act.