Notification No. 105/2022 [F. No. 370142/38/2022-TPL-Part-I] / GSR 677(E)

What it does

The Income-tax (29th Amendment) Rules, 2022 insert a proviso after sub-rule (1) of rule 114BB of the Income-tax Rules, 1962. The proviso provides that sub-rule (1) shall not apply where the person depositing money as per serial number 1 of column (2), withdrawing money as per serial number 2 of column (2), or opening a current account or cash credit account as per serial number 3 of column (2) of the Table above, is the Central Government, a State Government or a Consular Office. Those three classes of person are thereby taken out of the requirement in rule 114BB(1).

Who it reaches

The Central Government and State Governments depositing or withdrawing money or opening accounts
Consular Offices doing the same
Banks, co-operative banks and post offices obtaining the permanent account number or Aadhaar number for such transactions
Persons required to authenticate under rule 114BB

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.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, 1st September, 2022
INCOME-TAX
G.S.R. 677(E).—In exercise of the powers conferred by section 139A 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. Short title and commencement.–– (1) These rules may be called the Income-tax (29thAmendment)
Rules, 2022.
(2) They shall be deemed to have come into force from the 9th day of July, 2022.
2. In the Income-tax Rules, 1962, in rule 114BB, after sub-rule (1), the following proviso shall be
inserted, namely: —
―Provided that the provisions of this sub-rule shall not apply in a case where the person, depositing
the money as per Sl. No. 1 of column (2) or withdrawing money as per Sl. No. 2 of column (2) or
opening a current account or cash credit account as per Sl. No. 3 of column (2) of the Table above, is
the Central Government, the State Government or the Consular Office.‖.
[Notification No. 105/2022/F. No. 370142/38/2022-TPL-Part-I]
SHEFALI SINGH, Under Secy.
Explanatory Memorandum : It is hereby certified that by giving retrospective effect to the present
notification, no person will be adversely affected in this regard.
Note : The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section-3,
Sub-section (ii) vide number S.O. 969 (E), dated the 26th March, 1962 and last amended vide
notification number G.S.R. 647 (E) dated 26th August, 2022.
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 114BB	rule 161

From when

9 July 2022, retrospectively.

What to watch

The rules are deemed to have come into force from 9 July 2022, that is retrospectively.
The Explanatory Memorandum certifies that no person will be adversely affected by giving the notification retrospective effect.
The exclusion covers only the transactions at serial numbers 1, 2 and 3 of column (2) of the Table, and only where the person is the Central Government, a State Government or a Consular Office.
The Note records that the principal rules were last amended vide G.S.R. 647(E) dated 26 August 2022.

Where you meet it

At the bank or post office counter where the permanent account number or Aadhaar number is demanded for a cash deposit, withdrawal or account opening under rule 114BB.

What it names

Rules it names. Rule 114BB 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. 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. 51/2017 [F. No. 370142/13/2017-TPL] / GSR 569(E) — Ministry of Finance 9 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.106/2022 [F. No. 279/Misc./66/2014-ITJ(Pt.)] / SO 4156(E) · Notification No. 103/2022 [F. No. 300196/18/2017-ITA-I (PT.-1)] / SO 4001(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.

What this is