The CBDT vide Notification No. 30/2016 has amended Income Tax Rules w.e.f. 1st June 2016 by inserting Rule 26C stipulating requirement of submission of evidence/ proof/ supporting documents in Form 12BB by employees for claiming certain deductions from salary income. In order to ensure compliance with these legislative initiatives Oracle has published a revised position statement detailing the amendment along with solution deliverable timelines. The document is made available on My Oracle Support
, Document ID 2113784.1. We encourage our customers to review the latest Statement to keep up to date.