[Notification No. 42/2022/ F. No. 370142/10/2022-TPL]

2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
भारत में जडजिटल िाजणज्य और अंतरसंचाजलत संिाय समथड होगा, ओपन नेटिकड फॉर जडजिटल कामसड जलजमटेड
के साधारण अंि पूंिी या बॉंड या जडबेंचसड में दकया गया जिजनधान;”।
[अजधसूचना संखयांक 42/2022/ फा. सं. 370142/10/2022-टीपीएल]
नेहा सहाय, अिर सजचि
ठटप्पण: मूल जनयम भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखंड (ii) में अजधसूचना संखयांक का.आ. 969(अ),
तारीख 26 माचड, 1962 द्वारा प्रकाजित दकए गए थे और अजधसूचना संखयांक सा.का.जन. 307(अ) तारीख 21
अप्रैल, 2022 द्वारा अंजतम बार संिोजधत दकए गए थे ।
MINISTRY OF FINANCE
(Department of Revenue)
[CENTRAL BOARD OF DIRECT TAXES]
NOTIFICATION
INCOME-TAX

New Delhi, the 22nd April, 2022

G.S.R. 309(E).—In exercise of the powers conferred by clause (xii) of sub-section (5) of section 11 read
with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government 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 (10th Amendment) Rules, 2022.
   (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 17C, after clause (va), the following clause shall be inserted, namely:-
   “(vb) investment made by a person, authorized under section 4 of the Payment and Settlement Systems
   Act, 2007 (51 of 2007), in the equity share capital or bonds or debentures of Open Network for Digital
   Commerce Ltd, being a company incorporated under sub-section (2) of section 7 read with sub-section
   (1) of section 8 of the Companies Act, 2013 (18 of 2013), for participating in network based open
   protocol models which enable digital commerce and interoperable digital payments in India;”.
   [Notification No. 42/2022/ F. No. 370142/10/2022-TPL]
   NEHA SAHAY, Under Secy.
   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.307
   (E) dated 21st April, 2022.