Notification No. 51/2017 — Income tax 14th amendment rules…

What it does

The Income-tax (14th Amendment) Rules, 2017, made under section 139A and section 285BA read with section 295, amend rule 114B. In the second proviso to that rule, after the words "giving therein the particulars of such transaction", the words "either in paper form or electronically under the electronic verification code in accordance with the procedures, data structures, and standards specified by the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems)" are inserted. The declaration referred to in that proviso may thus be given electronically under an electronic verification code as well as on paper.

Who it reaches

Persons who do not hold a PAN and must furnish a declaration for a transaction specified in rule 114B
Banks, registrars and other persons receiving such declarations
The Directorate of Income-tax (Systems), which specifies the procedures, data structures and standards
Return preparers and reporting entities collecting the declarations

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.139A	s.2, s.262
s.285BA	s.508
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.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 9th June, 2017
G.S.R. 569(E).—In exercise of the powers conferred by section 139A and section 285BA, read with section 295 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 (14th Amendment) Rules, 2017.
(2) They shall come into force from the date of their publication in Official Gazette.

2. In the Income-tax Rules, 1962, in rule 114B, in the second proviso, after the words, "giving therein the particulars of such transaction" the words "either in paper form or electronically under the electronic verification code in accordance with the procedures, data structures, and standards specified by the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems)" shall be inserted.
[Notification No. 51/2017/F. No. 370142/13/2017-TPL]

Dr. T. S. MAPWAL, Under Secy.

Note : (1) The principal rules were published vide notification number S.O. 969(E), dated the 26th March, 1962 and last amended by Income-tax (13th Amendment) Rules, 2017 vide notification number G.S.R. 561(E), dated 08.06.2017.

Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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 114B	rule 159

From when

The date of publication in the Official Gazette.

What to watch

The rules come into force from the date of their publication in the Official Gazette.
The electronic route is available only in accordance with the procedures, data structures and standards specified by the Principal Director General or Director General of Income-tax (Systems).
The paper form is expressly preserved, so the amendment adds an option and removes nothing.
The note records that the principal rules were last amended by the Income-tax (13th Amendment) Rules, 2017 (G.S.R. 561(E)) dated 8 June 2017.

Where you meet it

In giving or receiving the declaration required for a transaction specified in rule 114B where the person has no PAN.

What it names

Rules it names. Rule 114B 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. 105/2022 [F. No. 370142/38/2022-TPL-Part-I] / GSR 677(E) — Ministry of Finance 1 September 2022
Notification No. 53/2022 [F.No. 370142/49/2020-TPL] / GSR 346(E) — Ministry of Finance 10 May 2022
Notification No. 59/2019/F. No. 370142/13/2019-TPL / GSR 614(E) — Ministry of Finance 30 August 2019
Notification No. 18/2018 [F.No. 370142/40/2016-TPL]/ GSR 352(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 9 April 2018
Notification No. 56/2017 [F.No. 370142/40/2016-TPL] / GSR 642(E) — Ministry of Finance 27 June 2017
Notification No. 27/2017/F. No. 370142/32/2017-TPL/G.S.R. 331(E) — 2 the Gazette of INDIA : Extraordinary [Part I—sec. 3(i)] 5 April 2017

← Notification No. 52/2017 [F.No.370142/12/2017 -TPL] / GSR 590(E) · Notification No. 50/2017 [F.No. 500/1/2014-APA-II] / SO 1866(E) →

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.

Notification No. 51/2017 [F. No. 370142/13/2017-TPL] / GSR 569(E)

What this is