Forms or modes of investment or deposits by a charitable or religious trust or institution.

Following  additions  were made in Rule 17C.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PARTII,

SECTION-3, SUB-SECTION (ii)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

[CENTRAL BOARD OF DIRECT TAXES]

NOTIFICATION

New Delhi, the 20

th September, 2012

INCOME-TAX

S.O. 2261(E).- In exercise of the powers conferred by section 295 of the

Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the

following rules further to amend the Income-tax Rules, 1962, namely:-

1. (1) These rules may be called the Income-tax (13

th Amendment) Rules,

2012.

(2) They shall come into force on the date of their publication in the

Official Gazette.

2. In the Income-tax Rules, 1962, in rule 17C, after clause (vii), the

following clause shall be inserted, namely:-

“(

viii) investment in debt instruments issued by any infrastructure

Finance Company registered with the Reserve Bank of India.”

[Notification No. 40/2012/ F.No. 149/32/2012-SO(TPL)]

(Ashish Kumar)

Director (Tax Policy and Legislation

)

Note:-

The principal rules were published in the Gazette of India,

Extraordinary, Part-II, Section-3, Sub-section (ii) vide number S.O.

969(E) dated 26

th March, 1962 and was last amended by notification

number S.O. 2188(E) 17

th September, 2012.