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Knowledge Bank / Income-tax Rules, 2026 / Rule 142
Rule 142Published

Rule 142: namely:—

Is rule Income-tax Act, 2025 ke provisions ko implement karne ke liye banaya gaya hai. Isme namely:— ki vidhi aur sharten samjhai gayi hain.

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  • Bare law

Bare law

Rule 142 - namely:—

142. (1) For the purposes of Schedule VI [Note 1(g)(ii)(B)] to the Act, an investment division of an offshore banking unit shall fulfil the following conditions namely:— (a) it shall maintain separate accounts for the registered investment division reflecting the true and fair accounts of all transactions relating to the investment division and which shall ensure that direct and indirect expenses relating to the incomes referred to in rule 141 and other incomes, are properly recorded, accounted

Determination of income of a specified fund attributable to investment division of an offshore banking unit under section 210(3).

Rule breakdown

142. (1) For the purposes of Schedule VI [Note 1(g)(ii)(B)] to the Act, an investment division of an offshore banking unit shall fulfil the following conditions namely:— (a) it shall maintain separate accounts for the registered investment division reflecting the true and fair accounts of all transa

Determination of income of a specified fund attributable to investment division of an offshore banking unit under section 210(3).

Key takeaways

Professional Advice

Complex provisions ko samajhne ke liye apne CA/CS se consult karein.

  • CA se help lene se mistakes kam ho jati hain
  • Accurate filing ke liye expert guidance zaroori hai

Compliance Essentials

Rule ke provisions properly follow karne se future litigation avoid ho sakti hai.

  • Accurate information diye bina application reject ho sakti hai
  • Timely compliance se disputes kam ho jati hain

FAQs

Is rule Income-tax Act, 2025 ke under kaise aata hai?

Is rule Income-tax Rules, 2026 ke under framed hai jo Income-tax Act, 2025 ke provisions implement karti hai.

Is rule kab se applicable hoga?

Is rule 1st April, 2026 se applicable hoga. Jab tak koi amendment nahi aati, yeh current form mein valid rahegi.

Kya CA se help leni chahiye?

Complex provisions ko samajhne aur accurate compliance ke liye apne CA/CS se consult karein. Professional help mistakes kam karti hai.

On this page

  • Rule breakdown
  • Key takeaways
  • FAQs
  • Bare law

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