The Central Board of Direct Taxes vide the Income-tax (7th Amendment) Rules, 2014 dated 25 July 2014 has amended Appendix II (i.e. Form No. 3CA, Form No. 3CB and Form No. 3CD) of the Income-tax Rules, 1962. The amendment Rule shall come into force on the date of their publication in the Official Gazette. Our First Notes provides an overview of these amendments.