The Ministry of Finance (MoF) on October 19, 2023, issued the Income-tax (Twenty-Sixth Amendment) Rules, 2023 to further amend the Income-tax Rules, 1962
The following amendments have been stated:
• After rule 16CC, which states “Form of report of audit prescribed under tenth proviso to section 10(23C)” the following rule has been inserted, namely:
"16D. Form of the report for claiming deduction under section 10AA.—the report of an accountant which is required to be furnished by the assessee, under sub-section (8) of section 10AA read with sub-section (5) of section 10A shall be in Form No. 56F."
• In rule 130, which states “Omission of certain rules and Forms and savings”:
(a) In sub-rule (1), the figures and letter“16D”, shall be omitted;
(b) In sub-rule (2), the figures and letter“56F”, shall be omitted.
• In Appendix II, after Form No.56E, the following Form No 56F, which states “Report under section 10AA of the Income-tax Act, 1961” has been inserted.
This notification shall be deemed to have come into force from July 29, 2021.
[Notification No G.S.R. 786(E)]
