IT Rules 1962 → IT Rules 2026
Rule 115 → 206
Rule 115 under the 1961-Act regime corresponds to Rule 206 under the Income-tax Act 2025 regime, per the official CBDT comparison utility.
| IT Rules 1962 | IT Rules 2026 |
|---|---|
| 115 Rate of exchange for conversion into rupees of income expressed in foreign currency. | 206 Rate of exchange for conversion into rupees of income expressed in foreign currency |
This mapping is carried verbatim from the official CBDT comparison utility on incometaxindia.gov.in (as of 2026-08-09). The utility is a navigational aid; for legal proceedings rely on the notified text.