New Rule 40G inserted for Refund claim

New Rule 40G inserted for Refund claim under section 239A of the Income-tax Act

G.S.R. 634(E).—In exercise of the powers conferred by sub-section (1) of section 239A 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 (26th Amendment) Rules, 2022.
   (2) They shall come into force from the date of their publication in the Official Gazette.
   
2. In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules),––
   
   (I) in Part VIII, before rule 41, the following rule shall be inserted, namely:-
   
   “40G. Refund claim under section 239A.––
   (1) A claim for refund under section 239A shall be made in Form No. 29D.
   (2) The claim under sub-rule (1) shall be accompanied by a copy of an agreement or other arrangement referred to in section 239A.
   (3) The claim under sub-rule (1) may be presented by the claimant himself or through a duly authorised agent.”;
   
   (II) in rule 41, in sub-rule (1), after the words and figures “under Chapter XIX” the brackets, words and figures “(other than under section 239A)” shall be inserted.
   
3. In the principal rules, in Appendix-II, after the Form No. 29C, the following Form shall be inserted,
   namely:—

Form No. 29D
(See rule 40G)
Application by a person under section 239A of the Income-tax Act, 1961 for refund of tax deducted

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