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Knowledge Bank / Income-tax Rules, 2026 / Rule 151
Rule 151Published

Rule 151: For the purposes of section 247(9), the fair market value of the property shall be determined in the

Is rule section 248(1) ke under apply karne ke liye prescribed form ka istemal batata hai. Form ko sahi format mein bharna mandatory hai, anya form valid nahi hogi.

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  • Rule breakdown
  • Key takeaways
  • FAQs
  • Bare law

Bare law

Rule 151 - For the purposes of section 247(9), the fair market value of the property shall be determined in the following manner:— (a) the value of an immovable property, being land or building or both, shall be in accordance with the value adopted or assessed

151. (1) The authorisation under section 248(1) by the Director General or Director or the Chief Commissioner or Commissioner shall be made in Form No. 86, shall be in writing under the signature of the officer issuing the authorisation and shall bear his seal. (2) The officer authorised to make a requisition under section 248(1) (herein referred to as the requisitioning officer) shall make the requisition in writing to the officer or authority referred to in section 248(1)(a) or (b) or (c) (her

Release of remaining assets under section 250.

Rule breakdown

151. (1) The authorisation under section 248(1) by the Director General or Director or the Chief Commissioner or Commissioner shall be made in Form No. 86, shall be in writing under the signature of the officer issuing the authorisation and shall bear his seal. (2) The officer authorised to make a r

Release of remaining assets under section 250.

Key takeaways

Legal Provision

Yeh rule section 248(1) ke under delegated legislation hai. Act ke relevant provisions ke saath iska alignment hona zaroori hai.

  • section 248(1) ke under yeh rule framed hai
  • Amendment time to time ho sakte hain

Prescribed Form

Rule me specified form fill karna mandatory hai, uske bina application invalid hogi.

  • Self-declaration ya anya form valid nahi hogi
  • Form ke instructions carefully follow karein
  • Supporting documents attach karna chahiye

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

FAQs

Is rule section 248(1) ke under kaise aata hai?

Is rule Income-tax Act, 2025 ke section 248(1) ke under delegated legislation hai aur Income-tax Rules, 2026 ka part 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.

Isme kaunsa form use karna hai?

Rule me specific prescribed form ka use bataya gaya hai. Form Appendix mein diya gaya hai ya relevant authority se available hai. Sahe format mein bharna zaroori hai.

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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