Notification No. 31/2016 — Income tax 12th amendment rules…

What this is

Notification No.31/2016 [F. No.370142/3/2016-TPL]/SO 1655(E) was published on 5 May 2016. Its subject is [To BE Published in the Gazette of INDIA Extraordinary, Part II, section 3, Sub-section (ii)].

This amends the Income-tax Rules. What it changes is the Rules, not the Act — and a rule can never take away what the section gives.

What it does

The Income-tax (12th Amendment) Rules, 2016, made under section 295 read with section 195 of the Income-tax Act, 1961, amend rule 29B. In sub-rule (2) of that rule, clause (iii) is omitted; one of the conditions previously in that sub-rule therefore stands removed.

Who it reaches

Persons applying for a certificate under rule 29B for receipt of sums without deduction of tax
Banking companies and others covered by rule 29B
Assessing Officers deciding such applications
Advisers preparing the application

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.3	s.3
s.195	s.393, s.395, s.397, s.400
s.295	s.533

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 5th May, 2016

INCOME-TAX

S.O. 1655 (E).‐ In exercise of the powers conferred by section 295 read with section 195 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 Rules, 1962, namely:‐

1. (1). These rules may be called the Income-tax (12th Amendment) Rules, 2016.
(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 29B, in sub-rule (2), the clause (iii) shall be omitted.

[Notification No.31/2016, F. No.370142/3/2016-TPL]

(PITAMBAR DAS)
DIRECTOR (TAX POLICY AND LEGISLATION)

Note: The principal rules were published in the Gazette of India vide notification number S.O.969(E), dated the 26th March, 1962 and last amended vide notification number S.O.1587 (E), dated the 29th April, 2016.

What it changes

The rule numbers are the 1962 Rules’ own, as the notification names them. The right-hand column is the department’s own mapping into the Income-tax Rules, 2026, which renumbered nearly everything.

Rule of the 1962 Rules	Now, in the 2026 Rules
Rule 29B	rule 209

From when

5 May 2016, on publication in the Official Gazette.

What to watch

The rules come into force on the date of their publication in the Official Gazette, that is 5 May 2016; they are not retrospective.
Clause (iii) of sub-rule (2) is omitted outright and not substituted, so the condition it carried no longer has to be satisfied.
The notification does not set out the text of the omitted clause; rule 29B as it stood must be seen to know what has gone.
The note records that the principal rules were last amended by S.O. 1587(E) dated 29 April 2016.

Where you meet it

In an application for a certificate under rule 29B and in the order granting or refusing it.

What it names

Rules it names. Rule 29B of the Income-tax Rules, 1962. The 1962 Rules were replaced by the Income-tax Rules, 2026, which renumbered nearly everything: a rule number quoted here almost never means the same rule today.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 94/2026 [F. No. 370142/24/2026-TPL] / G.S.R. 646(E) : Income-tax (Second Amendment) Rules, 2026 : Amendment of rule 157 of the Income tax Rules, 2026 to align the definition of the specified fund with rule 114AAB of the Income tax Rules, 1962 — Ministry of Finance 21 July 2026
Notification No. 64 — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 7 16 April 2026
Notification No. 63/2026 [F. No. 370142/13/2026-TPL]/ GSR 268(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026
Notification No. 62/2026 [F. No. 370142/10/2026-TPL]/ GSR 267(E) — Ministry of Finance 10 April 2026
Notification No. 61/2026 [F. No. 370142/9/2026-TPL] / GSR 266(E) — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 10 April 2026
Notification No. 60/2026 [F. No. 370142/8/2026-TPL]/ GSR 265(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026

← F. No. 173/237/2016-ITA-I · Notification 8/2016 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.