Notification No. 03 2015 [F.No.142/10/2014-TPL] / SO 180(E)

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART - II, SEC TION . 3, SUB - SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION INCOME - TAX New Delhi, the 1 9 thJanuary , 201 5 S.O. 180 (E). – In exercise of the powers conferred by section 295 read with sub - section

(4) of section 115 UA of the Income - tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income - tax Rule s, 1962, namely: -

1. (1) These rules may be called the Income - tax ( 1st Amendment) Rules, 201 5 .

(2) They shall come into force from the day of their publication in the ) O fficial G azette .

2. In the Income - tax Rules, 1962, - (A) a fterrule12C the following rule shall be inserted,namely : - “ Statement under sub - section

(4) of section 115UA. 12CA. (1)The statement of income distributed by a business trust to its unit holder shall be furnish ed to the Principal Commissioner or the Commissioner of Income - tax within whose jurisdiction the principal office of the business trust is situated , by the 30th November of the f inancial year following the previous year during which such income is distributed,: Provided that the statement of income distribute d shall also be furnished to the unit ho lder by the 30th June of the f inancial year following the previous year during which the income is distributed.

(2) The statement of income distributed shall be furnished under sub - section

(4) of section 115UA by the business trust to -

(i) the Principal Commissioner or the Commissioner of Income - tax referred to in sub - rule

(1) , in Form No. 64A, duly verified by

an accountant in the manner indicated therein and shall be furnished electronically under digital s ignature;

(ii) the unit holder in Form No. 64B, duly verified by the person distributing the income on behalf of the business trust in the manner indicated therein.

(3) The Director General of Income - tax (Systems) shall specify the procedure for filing of Form No. 64A and shall also be responsible for evolving and implementing appropriate security, archival and retrieval policies in relation to the statements so furnished. ” ; (B) i n the Appendix II, after the Form No. 64, the following Forms shall be inserted, namely: - - “ FORMNO.64A [ Se e rule12CA (2)(i) ] Statementofincomedistributed by a b usiness trust tobefurnishedundersection115UAoftheIncome - taxAct,1 9 61 1. Nameofthe b usiness trust 2. Addressofthe registeredoffice 3. PermanentAccountNu m b er 4. Previous y earending 5. Na m eandaddressofthetrusteesofthe b usiness trust 6. Dateofregistrationoft h e b usiness trust withSEBI

(i) undertheSecuritiesandExchangeBoardofIndia(Real Estate Investment Trusts)Regulations,2014

(ii) underthe SecuritiesandExchangeBoardofIndia ( Infrastructure Investment Trusts)Regula t ions,2 0 14 7. Whethertheunitsofthe b usiness trust arelistedonanyrecognisedstock exchange at any time during previous year Yes/No 8. Aggregate inc o me of the Business trust from all sources (9+11+13) 9. Income by way of interest referred to in section 10 (23FC) 10. Pr o porti o nof (9to8 ) 11. . I ncome by way of Dividend referred to in section 115 - 0

12. Pr o porti o nof ( 1 1to8 ) 13. Inco m e other than that referred to in 9 and 11 14. Pr o porti o nof ( 1 3to8 ) 15. Detailsofpersons being unit holders ,referredtoins ub - section(1) o fsection11 5 UA to whomtheincome is distributed ,inthefollowingformat: — S. No. N a m e

(s) A dd ress(es) PAN T o tal a m ountdistribute d A m ountof income in the nature of interes t referred to in section 10(23FC ) [ Colu m n5× Sl.N o . 10 ] A m ount of income in the nature of Dividend referred to in section 115 - O [ Colu m n5× Sl . N o . 1 2 ] A m ount o f other income [ Colu m n5× Sl.N o . 14 ] 1 2 3 4 5 6 7 8 E n cl ose a co pyof t he certific a t e of re g istr a ti on un d e r t he Sec u ritie s a nd Exc h an ge Bo ard of In d i a Act , 1 9 9 2 , (15 of 1992) . Enc l ose a c opy of t hetrust deed r e g i s t e red un der t he pr ovi s i o n sof t he Re g istr a tio n Act , 19 0 8 , (16 of 1908) . E n cl ose au d ite d accou n t s i n clu d in g ba l a n c e s h eet ,a n n u al re por t , i fan y , wit h certifie d c op ie sof i n c o m e a nd a p p r o p r i a tio n t o w a r dsd i s t r i bu tio nof i nc o me. I, ------------------------------------------------------------------------------------------------------------------------- ( N am e i n f u l l an d i n b l o c k lette rs)s o n / d au gh te r / w i feof ------------------------------------------------------------- - d o he r e by s o le m n l yd ecla re t h at t o t heb e st o f m yk n ow l e dgea n dbe lie f w hat i ss t a t ed a b o vea n d i n t heA n n e x ur e ( s ), i nc lu d in g t h e d o c u m e n t s acco m panyingsu c hAnnexur e (s), is corr e ct and co m plete. Ifur t h e r d e clarethat I amfurni s hin g s u c h statemen t i n m y ca p acit y as -------------------------- ( d esig n atio n) an d t h a tI a m c o m p ete nt t o fu rn is h t h i s stat e m e nt a nd verifyit. V e r i f ie d to day the __________________ day of __________________. Pl a c e S ign a t u r e Verific a ti on I / W e* __________________________________________________________ ___________ hav e e x amin e d t he book s o f account ando t her d o c u m e n t ssh o w i ng t hep a r tic u l arsof i n c o m eearn e d a n d t he i nco m ed i s t r i bu t e d t o t he unit holders by t he _______________________________ (n a m eof t he Business trust) f or t h e pr e v io us yea r e nd i ng_________.

2. I / W edec l a re t hat t hea bo vepar tic u l a rs a re t rue a n d c o r re c t t o t hebest o f m y/ ourk no w le dgea n dbe lie f. (Si g n a t u r e wit h n ameof t he Acc o u n ta n t ) Pl a ce

Da te N o tes:

1. “Accountant ” mean s th e ac c ount a nt a s def i ne d i n th e Exp l a na tio n t o s u b - s ec ti on( 2 )ofs e c ti on2 8 8 o f th e In c o m e - tax A c t, 1 9 6 1.

2. * S t r i ke o ut whic hev e r i snot a pp li cab l e . ”. FORMNO.64B [ Se e rule12CA ( 2 )

(ii) ] Statementofincomedistributed by a b usiness trust tobe provided to the unit holderundersection115UAoftheIncome - taxAct,1 9 61 1. Nameoftheunit holder 2. Address of the unit holder 3. PermanentAccountNu m b er of the unit holder 4. Previous y earending 5. Na m eandaddressofthe b usiness trust 6. Permanent Account Number of the b usiness trust 7. Details of the income distributed by the business trust to the unit holder, during the previous year,inthefollowingformat: — S. No. A m ountdistri buted Date of distribution A m ountof income in the nature of interes t referred to in section 10(23FC ) A m ount of income in the nature of Dividend referred to in section 115 - O A m ount o f other income 1 2 3 4 5 6 I, ______________________ ( N am e i n f u l l an d i n b l o c k lette rs)s o n / d au gh te r / w i feof d o he r e by s o le m n l yd ecla re t h at t o t heb e st o f m yk n ow l e dgea n dbe lie f w hat i ss t a t ed a b o vea n d i n t heA n n e x ur e ( s ), i nc lu d in g t h e d o c u m e n t s acco m panyingsu c hAnnexur e (s), is corr e ct and co m plete. Ifur t h e r d e clarethat I amfurni s hin g s u c h statemen t i n m y ca p acit y as ___________________ ( d esig n atio n) an d t h a tI a m c o m p ete nt t o fu rn is h t h i s stat e m e nt a nd verifyit.

V e r i f ie d to d a y t he d a y o f _. Pl a c e " . S ign a t u r e [Notification No . 03 /201 5 /F.No. 142/10 /2014 - TPL] (Ashish Kumar) Director (Tax Policy and Legislation) Note. - The principal rules were published in the Gazette of India Part II, section 3, sub - section (ii), vide notification number S.O. 969 , dated the 26th March, 1962 and were last amended by the Income - tax ( 14th Amendment) Rules, videnotification S.O. No. 3169 (E) dated 12/12/2014 .

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