TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF DIRECT TAXES
NOTIFICATION
New Delhi, the 13 th of July, 2018
INCOME-TAX
G.S.R. 647(E).― In exercise of the powers conferred by section 295 read with sub-section (1) of section 245Q 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. Short title and commencement.- (1) These rules may be called the Income-tax (7th Amendment) Rules, 2018.
(2) They shall come into force from the date of their publication in the Official Gazette.
2. In the Income-tax Rules, 1962,―
(A) in rule 44E, in sub-rule (1),―
(i) in clause (c), for the words, brackets and letters “sub-clause (iia) of clause (b)”, the words, brackets and letters “item (III) of sub-clause (A) of clause (b)” shall be substituted;
(ii) in clause (d), for the words, brackets and letter “sub-clause (iii) of clause (b)”, the words, brackets and letters “item (IV) of sub-clause (A) of clause (b)” shall be substituted;
(iii) in clause (e), for the words, brackets and letters “sub-clause (iiia) of clause (b)”, the words, brackets and letters “item (V) of sub-clause (A) of clause (b)” shall be substituted;
| 15. | Particulars of the Parent Company(-ies) of the applicant: | |
| (a) Name of Immediate parent company of applicant | ||
| (b) Address of Immediate parent company of applicant | ||
| (c) Country of residence of Immediate parent company of applicant | ||
| (d) Permanent Account Number of Immediate parent company of appl i cant (if al I oted) | ||
| (e) Taxpayer Registration Number/ Taxpayer Identification Number/ Functional equivalent/ Any unique number used for identification of the Immediate parent company of applicant by the Government of that country/specified territory of which it claims to be a resident | ||
| (f) Name of Ultimate parent company of applicant | ||
| (g) Address of Ultimate parent company of applicant | ||
| (h) Country of residence of Ultimate parent company of applicant | ||
| (i) Permanent Account Number of Ultimate parent company of appl i cant (if al I oted) | ||
| (j) Taxpayer Registration Number/ Taxpayer Identification Number/ Functional equivalent/ Any unique number used for identification of the Ultimate parent company of applicant by the Government of that country/specified territory of which it claims to be a resident”; |
(ii) in Form 34D, for item 5, the following item shall be substituted, namely:—
| “5. | Particular(s) of the non-resident with whom the transaction is undertaken or proposed to be undertaken | |
| (a) Name of the non-resident | ||
| (b) Address of the non-resident | ||
| (c) Telephone and Fax Number of the non-resident | ||
| (d) Permanent Account Number of the non-resident (if al I oted) | ||
| (e)Taxpayer Registration Number/ Taxpayer Identification Number/ Functional equivalent/ Any unique number used for identification of the non-resident by the Government of that country/specified territory of which it claims to be a resident. | ||
| (f) Name of Immediate parent company of the non-resident | ||
| (g) Address of Immediate parent company of the non-resident | ||
| (h) Country of residence of Immediate parent company of the nonresident | ||
| (i) Permanent Account Number of Immediate parent company of the non-resident (if al I oted) | ||
| (j) Taxpayer Registration Number/ Taxpayer Identification Number/ Functional equivalent/ Any unique number used for identification of the Immediate parent company of the non-resident by the Government of that country/specified territory of which it claims to be a resident | ||
| (k) Name of Ultimate parent company of the non-resident | ||
| (I) Address of Ultimate parent company of the non-resident | ||
| (m)Country of residence of Ultimate parent company of the nonresident | ||
| (n) Permanent Account Number of Ultimate parent company of the non-resident (if al I oted) | ||
| (o) Taxpayer Registration Number/ Taxpayer Identification Number/ Functional equivalent/ Any unique number used for identification of the Ultimate parent company of the non-resident by the Government of that country/specified territory of which it claims to be a resident”; |
(iii) in Form 34DA, in the heading, for the word, figures, brackets and letters “section 245N(b)(iia)”, the word, figures, brackets and letters “section 245N(b)(A)(III)” shall be substituted