Income Tax Rules, 1962 By Bharat

Description Income Tax Rules, 1962 – 35th Edition (2026) by Bharat’s, published by Bharat Publishers, is a comprehensive and updated compilation of the rules governing India’s income tax framework. Spanning 1578 pages, this edition includes the complete Income Tax Rules, relevant forms, procedural provisions, and allied notifications, updated with the latest amendments applicable as on 2026. The content is presented in a clear and structured format, enabling quick reference and practical application. This publication is an essential resource for chartered accountants, tax practitioners, advocates, company secretaries, academicians, students, and corporate professionals involved in tax compliance, return filing, advisory, and litigation. �� Key Features: Complete and updated Income Tax Rules, 1962 Includes forms, procedures & allied provisions Structured layout for easy reference and usability Trusted publication by Bharat Publishers �� Limited-Period Offer: Flat 35% Discount with Free Shipping CONTENTS at a glance DIVISION ONE INCOME TAX & ALLIED RULES 1. The Income-tax Rules, 1962 1.1 Chronological list of amendments 1.39 2. The Income-tax Rules, 1962 2.1 Text of Rules and Forms 2.1 Subject Index 2.1121 Annexure 1: Income Computation and Disclosure Standards A.        Income Computation and Disclosure Standard I relating to accounting policies 2.1147 B.        Income Computation and Disclosure Standard II relating to valuation of inventories 2.1149 C.        Income Computation and Disclosure Standard III relating to construction contracts 2.1153 D.        Income Computation and Disclosure Standard IV relating to revenue recognition 2.1156 E.         Income Computation and Disclosure Standard V relating to tangible fixed assets 2.1158 F.         Income Computation and Disclosure Standard VI relating to the effects of changes in foreign exchange rates 2.1161 G.        Income Computation and Disclosure Standard VII relating to government grants 2.1164 H.        Income Computation and Disclosure Standard VIII relating to securities 2.1166 I.          Income Computation and Disclosure Standard IX relating to borrowing costs 2.1168 J.         Income Computation and Disclosure Standard X relating to provisions, contingent liabilities and contingent assets 2.1171 Circular No. 10/2017, dated 23-3-2017: Clarifications on Income Computation and Disclosure Standards (ICDS) notified under section 145(2) of the Income-tax Act, 1961 2.1174 3. The Income-tax (Certificate Proceedings) Rules, 1962 3.1 Text of Rules and Forms 3.1 Chronological list of amendments 3.4 Subject Index 3.48 4. The Income-tax (Appellate Tribunal) Rules, 1963 4.1 Text of Rules and Forms 4.1 Chronological list of amendments 4.2 CBDT Instruction: Revision of monetary limits for filing of appeals by the department before Income-tax Appellate Tribunal, High Courts and Supreme Court — Measures for reducing litigation — Regarding 4.24 Instructions regarding e-payment of ITAT fees 4.26 Subject Index 4.27 5. Income-tax (Dispute Resolution Panel) Rules, 2009 5.1 Text of the Rules 5.1 Chronological list of amendments 5.2 6. The Income-tax Settlement Commission (Procedure) Rules, 1997 6.1 Text of the Rules 6.1 Chronological list of amendments 6.2 7. The Authority for Advance Rulings (Procedure) Rules, 1996 7.1 Text of the Rules 7.1 8. Equalisation Levy Rules, 2016 8.1 Text of the Rules 8.1 DIVISION TWO Relevant SCHEMES 9. Reverse Mortgage Scheme, 2008 9.1 [For purposes of section 47(xvi)] Text and Forms of the Scheme 9.1 10. Capital Gains Accounts Scheme, 1988 10.1 [For purposes of sections 54(2), 54B(2), 54D(2), 54F(4) and 54G(2)] Text and Forms of the Scheme 10.1 Notification: Banks authorised to receive deposits under the scheme 10.23 11. Bank Term Deposit Scheme, 2006 11.1 [For purposes of section 80C(2)(xxi)] Text and Forms of the Scheme 11.1 12. National Pension Scheme Tier II – Tax Saver Scheme, 2020 12.1 [For purposes of section 80C(2)(xxv)] Text of the Scheme 12.1 13. Faceless jurisdiction of Income-tax Authorities Scheme, 2022 13.1 [For purposes of section 130(1) and (2)] Text of the Scheme 13.1 14. e-Verification Scheme, 2021 14.1 [For purposes of section 135A(1) and (2)] Text of the Scheme 14.1 15. e-Assessment of Income Escaping Assessment Scheme, 2022 15.1 [For purposes of section 151A(1) and (2)] Text of the Scheme 15.1 16. Faceless Inquiry or Valuation Scheme, 2022 16.1 [For purposes of section 142B(1) and (2)] Text of the Scheme 16.1 17. Centralised Processing of Returns Scheme, 2011 17.1 [For purposes of section 143(1A)] Text of the Scheme 17.1 18. Faceless Assessment Scheme, 2019 18.1 (1)       Faceless Assessment Scheme, 2019 18.2             [For purposes of section 143(3A)] (2)       Directions under section 143(3B) for Faceless Assessment Scheme, 2019 18.19 (3)       Conduct of assessment proceedings through “E-Proceeding” facility during financial year 2019-20 — regarding: Circular No. 27 of 2019, dated September 26, 2019 18.31 19. e-Settlement Scheme, 2021 19.1 [For purposes of section 245D(11) and (12)] Text of the Scheme 19.1 20. e-Dispute Resolution Scheme, 2022 20.1 [For purposes of section 245MA(3) and (4)] Text of the Scheme 20.1 21. E-advance Rulings Scheme, 2022 21.1 [For purposes of section 245R(9) and (10) and 245W(2) and (3)] Text of the Scheme 21.1 22. e-Appeals Scheme, 2023 22.1 Text of the Scheme 22.1 23. Faceless Appeal Scheme, 2021 23.1 (1)       Faceless Appeal Scheme, 2021 [For purposes of section 250(6B) and (6C)] 23.2 (2)       Authorised Income-tax Authorities to conduct e-appeal proceedings 23.14 24. Faceless Penalty Scheme, 2021 24.1 (1)       Faceless Penalty Scheme, 2021 [For purposes of section 274(2A)] 24.2 (2)       Directions under section 274(2B) for Faceless Penalty Scheme, 2021 24.15 25. Guidelines for Compounding of Offences under section 279(2) 25.1 Additional Information in e-book 26. Securities Transaction Tax Rules, 2004 27. Commodities Transaction Tax Rules, 2013 28. Prohibition of Benami Property Transaction Rules, 2016 29. Equalisation Levy Rules, 2016 30. Centralised Processing of Equalisation Levy Statement Scheme, 2023