The Central Board of Direct Taxes on the 28th July, 2020 has published the Income-tax (18th Amendment) Rules, 2020. The amendment provides for furnishing details of income paid or credited by an investment fund to its unit holder.
The statement of income paid or credited by an investment fund to its unit holder shall be furnished by the person making payment of the income on behalf of an investment fund to the unit holder by 30th day of June of the financial year following the previous year during which the income is paid or credited in Form No. 64C. It shall also be furnished to the Principal Commissioner or the Commissioner of Income-tax, as the case may be, within whose jurisdiction the Principal office of the investment fund is situated by 15th day of June in Form No. 64D
The Principal Director General of Income-tax (Systems) shall specify the procedure for filing of Form No. 64D.
Click here to read the amendment.