Income-tax (Thirteenth Amendment) Rules, 2012 – Amendment in Rule 17C
Notification No. 40/2012 [F.No 149/32/2012-SO(TPL)]/SO 2261(E), dated 20-9-2012
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 (13th 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.”