Amendment status not verified — confirm the current text below against the official source.
Power to make rules.—(1) The Board may, by notification in the Official Gazette, make rules for carrying out the purposes of this Act. (2) In particular, and without prejudice to the generality of the foregoing power, rules made under this section may provide for— (a) the manner in which the market value of any asset may be determined; (b) the form in which returns under this Act shall be made and the manner in which they shall be verified; 8[(ba) the documents, statements, receipts, certificates, audit reports, reports of registered valuer or any other documents which may not be furnished along with the return but shall be produced before the Assessing Officer on demand under section 14A; (bb) the class or classes of persons who shall be required to furnish the return in electronic form; the form and the manner in which the return in electronic form may be furnished; the documents, statements, receipts, certificates, audit reports, reports of registered valuer or any other documents which may not be furnished along with the return in electronic form and the computer resource or electronic record to which such return may be transmitted under section 14B;] (c) the form in which appeals and applications under this Act may be made, and the manner in which they shall be verified;