Power to make rules

Section 114 of the Finance Act, 2013 deals with power to make rules. Power to make rules. 114. (1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the provisions of this Scheme.

Power to make rules.

114. (1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the provisions of this Scheme.

(2) Without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:–

(a)		the form and the manner in which a declaration may be made under sub-section (1) of section 97;
(b)		the form and the manner of acknowledging the declaration under sub-section (2) of section 97;
(c)		the form and the manner of issuing the acknowledgement of discharge of tax dues under sub-section (7) of section 97;
(d)		any other matter which is to be, or may be, prescribed, or in respect of which provision is to be made, by rules.

(3) The Central Government shall cause every rule made under this Scheme to be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.

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Section 114, The Finance Act, 2013.