## Policy Analysis Report: Income Tax Seventeenth Amendment Rules, 2025
**1. Executive Summary:**
This report analyzes the Income Tax Seventeenth Amendment Rules, 2025, as published in the Gazette of India. This amendment focuses on modifying the Income Tax Rules, 1962, specifically by substituting the forms ITR-V (Indian Income Tax Return Verification Form) and ITR Ack (Indian Income Tax Return Acknowledgment). The core purpose of this amendment, inferred from the text, is to streamline and update the process of income tax return verification and acknowledgment. The key findings highlight the changes in form structure, verification procedures, and the handling of submission dates.
**2. Introduction:**
This report aims to provide a comprehensive analysis of the Income Tax Seventeenth Amendment Rules, 2025, based solely on the provided policy text published in the Gazette of India. The report outlines the key provisions of the amendment, its likely rationale, and its potential impact on taxpayers and the Income Tax Department. This analysis focuses on understanding the changes introduced by this amendment to the Income Tax Rules, 1962.
**3. Policy Overview:**
* **Amendment:** This is an amendment to the existing Income Tax Rules, 1962.
* **Core Objective(s):** Based on the provided text, the core objectives of this amendment appear to be:
* To update and revise the forms used for income tax return verification (ITR-V) and acknowledgement (ITR Ack).
* To clarify and potentially streamline the procedures for income tax return verification, especially concerning electronic submission and the validity of submission dates.
**4. Background and Rationale:**
This amendment likely aims to address issues related to the efficiency and clarity of the income tax return verification process. The substitution of the ITR-V and ITR Ack forms suggests a need to update the format and information requested in these forms. Furthermore, the emphasis on the date of ITR-V submission impacting the date of furnishing the return, coupled with instructions regarding electronic verification methods (Aadhaar OTP, NetBanking, EVC), indicates an attempt to improve the accuracy and timeliness of return filing. The amendment probably aims to align the process with technological advancements and improve compliance.
**5. Key Provisions / Changes:**
This amendment specifically changes the Income Tax Rules, 1962, by substituting two forms:
* **a. Substitution of FORM ITR-V (Indian Income Tax Return Verification Form):**
* **What is being changed:** The existing FORM ITR-V in Appendix II of the Income Tax Rules, 1962, is being completely replaced.
* **What the *new* rule/provision *is*:** The new FORM ITR-V includes fields for Assessment Year (2025-26), applicable for filers of ITR1, ITR2, ITR3, ITR4, ITR5, and ITR7 who have *not* verified electronically, name, PAN, Form Number Filed, eFiling Acknowledgement Number. It also includes a verification declaration, signature, date, IP address, System Generated Barcode/QR Code and instructions for both electronic and physical submission.
* **Difference/Effect:** The new form mandates specific fields and clarifies the process for verification, emphasizing electronic methods and providing clear instructions for physical submission (speed post only to Bengaluru CPC). Critically, it now clarifies that if the ITR-V is submitted beyond 30 days of electronic transmission, the *date of ITR-V submission* is considered the date of furnishing the return, potentially triggering late filing penalties.
* **b. Substitution of FORM ITR Ack (Indian Income Tax Return Acknowledgement):**
* **What is being changed:** The existing FORM ITR Ack is being completely replaced.
* **What the *new* rule/provision *is*:** The new FORM ITR Ack includes details like the Assessment Year (2025-26), PAN, Name, Address, Status, Form Number Filed, eFiling Acknowledgement Number, Current Year business loss, Total Income, Book Profit under MAT, Income under AMT, Interest and Fee Payable, Total tax, Taxes Paid, Tax Payable/Refundable, Accreted Income as per section 115TD, Additional Tax payable us 115TD, Accreted Income and Detail, Tax and interest paid, tax payable or refundable. It also records the date, time and IP address of electronic submission and the verification method and includes a System Generated Barcode/QR Code. *The instruction "DO NOT SEND THIS ACKNOWLEDGEMENT TO CPC, BENGALURU" is prominently displayed.*
* **Difference/Effect:** The new form aims to give a quick summary of the key data of the tax return along with the mode of verification and explicitly directs taxpayers *not* to send this acknowledgement to the Bengaluru CPC.
**6. Target Audience and Stakeholders:**
The target audience and stakeholders directly affected by these changes include:
* Individual taxpayers and businesses filing income tax returns using forms ITR1, ITR2, ITR3, ITR4, ITR5, and ITR7 (for ITR-V changes).
* Individual taxpayers and businesses filing income tax returns using forms ITR1, ITR2, ITR3, ITR4, ITR5, ITR6, and ITR7 (for ITR Ack changes).
* The Centralized Processing Centre (CPC) of the Income Tax Department in Bengaluru.
* The Income Tax Department as a whole.
* Tax professionals and consultants.
**7. Implementation Aspects (Inferred):**
* **Responsible agency/bodies:** The Central Board of Direct Taxes (CBDT) is the responsible body for issuing these rules, under the authority of the Income-tax Act, 1961. The Income Tax Department, particularly the CPC in Bengaluru, is responsible for implementing the changes.
* **Timelines/procedures:** The amendment came into force on April 1st, 2025. The ITR-V submission process now includes a stricter timeline: submission within 30 days of electronic filing to ensure the filing date is the date of electronic transmission.
* **Specific to changes:** The key implementation aspect for these changes is ensuring that taxpayers are aware of the updated forms and the consequences of late ITR-V submission. The CPC also needs to adapt its processes to handle the new forms and the changed acknowledgement process (not receiving physical copies of ITR Ack).
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcomes of these specific changes introduced by the amendment text are:
* **Improved accuracy and timeliness of income tax return filing:** By clarifying the verification process and emphasizing electronic methods, the amendment aims to encourage more accurate and timely filing of returns.
* **Reduced processing delays:** Streamlining the verification process and clarifying the submission timelines should reduce processing delays and improve the overall efficiency of the income tax system.
* **Better data management:** Updated forms allows better data collection and management.
* **Reduced administrative burden on the CPC:** By preventing taxpayers from sending the acknowledgement form to Bengaluru, the administrative burden can be reduced.
* **Increased compliance:** Enforcing the 30-day timeline for ITR-V submission is expected to increase compliance and reduce instances of late filing.
**9. Conclusion:**
The Income Tax Seventeenth Amendment Rules, 2025, represent a significant update to the Income Tax Rules, 1962, particularly concerning the ITR-V and ITR Ack forms. By streamlining verification processes, clarifying submission timelines, and updating the forms themselves, the amendment aims to improve the efficiency, accuracy, and compliance of the income tax system. The changes are significant for taxpayers, tax professionals, and the Income Tax Department alike, requiring careful attention to the updated forms and procedures.
Key Entities Referenced
NEW DELHI: The location where the notification was issued.
WEDNESDAY, MAY 7, 2025: Date of the Gazette of India publication.
VAISAKHA 17, 1947: Date according to the Indian national calendar.
Incometax Act, 1961: The primary legislation being amended.
Central Board of Direct Taxes: The issuing authority for the notification.
NOTIFICATION: The type of document.
No. 452025: Notification number.
G.S.R. 294E: Gazette of India reference number.
Incometax Rules, 1962: The rules being amended.
Incometax Seventeenth Amendment Rules, 2025: The name of the amendment rules.
1st day of April, 2025: Effective date of the amendment rules.
Appendix II: The appendix of the Incometax Rules, 1962 being amended.
FORM ITRV: The form being substituted in Appendix II; Indian Income Tax Return Verification Form
FORM ITR1 SAHAJ: A type of Income Tax Return form.
ITR2: A type of Income Tax Return form.
ITR3: A type of Income Tax Return form.
ITR4SUGAM: A type of Income Tax Return form.
ITR5: A type of Income Tax Return form.
ITR7: A type of Income Tax Return form.
rule 12: A rule in the Incometax Rules, 1962.
Aadhaar OTP: Method for electronically verifying transmitted return data.
NetBanking: Method for electronically verifying transmitted return data.
EVC: Electronic Verification Code.
Centralized Processing Centre, Income Tax Department, Bengaluru 560500: Address to send the physical copy of Form ITRV.
SPEED POST: The designated method to send Form ITRV.
ITDCPC: Income Tax Department Central Processing Center. This is where the form ITRV is sent.
eFiling portal: Online portal for filing income tax returns.
FORM ITR Ack: The form being substituted; Indian Income Tax Return Acknowledgement
FORM ITR6: A type of Income Tax Return form.
CPC, BENGALURU: Central Processing Center, Bengaluru
F. No. 370142212025TPL: File number of the notification.
SURBENDU THAKUR: Name of the Under Secretary, Tax Policy and Legislation.
Under Secy., Tax Policy and Legislation: Designation of the signatory.
S.O. 969E, dated the 26th March, 1962: Reference to the original publication of the principal rules.
notification GSR 290E, dated the 06 May, 2025: Reference to the last amendment.
Government of India Press, Ring Road, Mayapuri, New Delhi110064: Place of printing.
Controller of Publications, Delhi110054: Publisher of the gazette.
MINISTRY OF FINANCE: The ministry under which the Department of Revenue functions.
Department of Revenue: The department of the Ministry of Finance responsible for the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-07052025-262952
CG-DxLx-xEG-I0D7H0x5x2x0 25-262952
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (i)
PART II—Section 3—Sub-section (i)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 251] नई दिल्ली, बधु िार, मई 7, 2025/ििै ाख 17, 1947
No. 251] NEW DELHI, WEDNESDAY, MAY 7, 2025/VAISAKHA 17, 1947
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केन्द्रीय प्रत्यक्ष कर बोड)ड
अजधसचू ना
नई दिल्ली, 7 मई, 2025
स.ं 45/2025
सा.का.जन. 294(अ).— केन्द्रीय प्रत्यक्ष कर बोड,ड आय-कर अजधजनयम, 1961 (1961 का 43) की धारा 295 के
साथ पठित धारा 139 द्वारा प्रित्त िजियों का प्रयोग करत े हुए आय-कर जनयम, 1962 का और संिोधन करन े के जलए
जनम्नजलजखत जनयम बनाता ह,ै अथाडत ् :-
1. (1) इन जनयमों का संजक्षप्त नाम आय-कर (सत्रहिााँ संिोधन) जनयम, 2025 ह ै।
(2) ये 1 अप्रलै , 2025 को प्रिृत्त समझे िाएंगें।
2. आय-कर जनयम, 1962 के पठरजिष्ट -II म,ें
3015 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(क) प्ररूप आईटीआर-v के स्ट्थान पर जनम्नजलजखत प्ररूप रखा िाएगा, अथाडत:् -
“प्ररूप भारतीय आयकर जििरणी सत्यापन प्ररूप जनधारड ण िर् ड
[िहां आयकर जििरणी के डाटा प्ररुप आईटीआर-1 (सहि), आईटीआर-2, 2025-26
आईटीआर- V
आईटीआर-3, आईटीआर-4 (सुगम), आईटीआर-5, आईटीआर-7 में फाइल की
गई ह,ै ककंतु इलैक्ट्राजनक रूप म ेंसत्यजपत नहीं की गई ह]ै
(कृपया आय-कर जनयम,1962 का जनयम 12 िेखें)
नाम
पनै प्ररुप सख्ं या
धारा ... के अधीन ई-फाइललगं पािती सख्ं या
फाइल की गई ।
सत्यापन
म ैं ........... , ................ का पुत्र/पुत्री सत्यजनष्ठा से घोर्णा करता/करती ह ंमरे े सिोत्तम जिश्वास तथा ज्ञान के अनुसार
इस जििरणी म ेंिी गई सूचना जिसे मेरे द्वारा पािती संख्या... द्वारा प्रस्ट्तुत दकया गया ह,ै सत्य और पूण डह ैतथा िह आयकर
अजधजनयम, 1961 के उपबंधों के अनुसार ह।ै
मैं यह और घोर्णा करता/करती ह ं दक म ैं इस जििरणी को मैं ... अपनी क्षमता के रूप म ें बना रहा/रही ह ं और मैं इस
जििरणी को बनाने तथा इस ेसत्याजपत करन े में सक्षम भी ह।ं मरे ा स्ट्थाई खाता संख्या ........(पनै ) ह।ै
हस्ट्ताक्षर
प्रस्ट्तुत करन े की तारीख स्रोत आई.पी पता
जसस्ट्टम सृजित िार कोड/क्ट्यूआर कोड
अनुिेि:
1. कृपया आप आधार ओटीपी का उपयोग करके नेट बैंककंग लॉजगन के माध्यम स े ई-फाइललगं अकाउंट के लॉजगन या पूि ड
में जिजधमान्द्य दकए गए बैंक खाते/डीमेट अकाउंट का उपयोग करके ई.िी.सी सृजित या बैंक एटीएम के माध्यम स े
सृजित ई.िी.सी. का उपयोग करके इलैक्ट्रॉजनक रूप से भेिी गई जििरणी को ई-सत्याजपत करें। अनुकल्पतः, सम्यक रूप स े
जिजधित हस्ट्ताक्षठरत (नीली स्ट्याही में अजधमानतः) प्ररुप आई.टी.आर-V को केिल स्ट्पीड पोस्ट्ट द्वारा “केंरीयकृत प्रसंस्ट्करण
केंर, आयकर जिभाग, बंगलरूू -560500” को भेि सकेंगे ।
2. प्ररुप आईटीआर-V आय-कर जिभाग के दकसी अन्द्य कायाडलय म ें या दकसी अन्द्य रीजत से प्राप्त नहीं दकया िाएगा।
आईटीडी-सीपीसी में इस प्ररुप आईटीआर-V प्राप्त करने की पुजष्ट ई-फाइललंग अकाउंट में रजिस्ट्रीकृत ई-मेल आईडी को भेिी
िाएगी।
3. सफलतापूिडक सत्यापन पर जििरणी फाइल करन ेकी पािती को आय जििरणी फाइल करने की प्रदिया के परू ा होन ेके
सबूत के रूप म ेंई-फाइललगं पोटडल से डाउनलोड दकया िा सकता ह।ै
4. हस्ट्ताक्षर के जलए उपबंजधत खाने में ही कृपया हस्ट्ताक्षर करें। आईटीआर-V में दिए गए खान ेसे जभन्न कहीं और हस्ट्ताक्षर
करना अजिजधमान्द्य ह।ै
5. िहां आईटीआर डाटा को इलैक्ट्राजनक रूप स े पारेजर्त दकया िाता ह ै और आईटीआर-v को डाटा के पारेर्ण से तीस
दिन के भीतर प्रस्ट्तुत दकया िाता ह ैतो ऐसे मामलों में डाटा को इलैक्ट्राजनक रूप से पारेर्ण करने की तारीख को आय-कर
जििरणी प्रस्ट्ततु करने की तारीख के रुप में समझा िाएगा ।
6. िहां आईटीआर डाटा को इलैक्ट्राजनक रूप स ेपारेजर्त दकया िाता ह ैककंतु आईटीआर-v को डाटा पारेर्ण करने की
तीस दिन की समय-सीमा से परे प्रस्ट्तुत दकया िाता ह ैतो ऐसे मामलों में आईटीआर-v को प्रस्ट्तुत करने की तारीख को
आय-कर जििरणी प्रस्ट्ततु करने की तारीख के रूप म ेंसमझा िाएगा और अजधजनयम के अधीन जििरणी जिलंब से प्रस्ट्तुत
करने पठरणाम लाग ूहोंगे।”;[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3
(ख (आईटीआर प्ररुप पािती के स्ट्थान पर जनम्नजलजखत प्ररुप रखा िाएगा-, अथाडत:-
‘’भारतीय आयकर जििरणी पािती जनधारड ण िर् ड
2025-26
[िहा ंआयकर जििरणी का डाटा प्ररुप आईटीआर-1 (सहि), आईटीआर-2, आईटीआर-3, आईटीआर-4
(सगु म), आईटीआर-5, आईटीआर-7 म ेंफाइल दकया गया ह,ै और सत्याजपत दकया गया ह]ै
(कृपया आय-कर जनयम, 1962 का जनयम 12 िखे )ें
पैन
नाम
पता
प्राजस्ट्थजत प्ररुप संख्या
धारा... के अधीन ई-फाइललंग पािती संख्या
फाइल दकया गया
ितडमान िर्ड कारबार हाजन, यदि कोई हो 1
कुल आय
मैट के अधीन बही लाभ, िहां लाग ूहो 2
ेर
ौ
य
ब्
एएमटी के अधीन समायोजित कुल आय, िहां लाग ूहो 3
र
क
र
औ संिेय िुद्ध कर 4
य
आ
संिेय ब्याि और फीस 5
य
धे
ा
र
क संिेय कुल कर ब्याि और फीस 6
संित्त कर 7
(+)संिेय कर /(-) प्रजतिेय (6-7) 8
र धारा 115नघ के अधीन िर्धडत आय 9
क
र ेर
औ यौ धारा 115नघ के अधीन संिेय अजतठरि कर 10
आय
र
ब्
क
त ेर धारा 115नङ के अधीन संिेय ब्याि 11
धड ौ
य
र्
ि ब्
म संिेय अजतठरि कर और ब्याि 12
स4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
संित्त कर और ब्याि 13
(+)संिेय कर /(-) प्रजतिेय (12-13) 14
तारीख .......... को ..............................आईटी पत े से इलैक्ट्राजनक रूप से पारेजर्त आयकर जििरणी
.................................. द्वारा सत्याजपत की गई...................................................पनै रखन े
िाले.......................................को.................................... .. *पेपर आईटीआर सत्यापन प्ररुप / इलैक्ट्राजनक
सत्यापन कोड का उपयोग करके ...........................................................पद्धजत के माध्यम से सृजित दकया गया।
जसस्ट्टम सृजित बार कोड/क्ट्यू आर कोड
*िो लाग ून हों, उस ेकाट िें
इस पािती को सी.पी.सी,बग्ैं लरूू को नहीं भिे ”े |
[फा. सं. 370142/21/2025-टीपीएल]
सुरबेंि ुिाकुर, अिर सजचि, कर नीजत और जिधान
ठटप्पण : मूल जनयम, भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखंड (ii) अजधसूचना संख्या का.आ. 969(अ), तारीख
26 माचड, 1962 द्वारा प्रकाजित दकए गए थ े और उनका अंजतम संिोधन अजधसूचना संख्या सा.काजन. 290(अ),
तारीख 06 मई, 2025 द्वारा दकया गया ।
स्ट्पष्टीकारक ज्ञापन : यह प्रमाजणत दकया िाता ह ै दक इस अजधसूचना को भूतलक्षी रूप िने े से दकसी व्यजि पर प्रजतकूल
प्रभाि नहीं पडेगा।
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 7th May, 2025
No. 45/2025
G.S.R. 294(E).— In exercise of the powers conferred by section 139 read with section 295 of the Income-tax
Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend Income-
tax Rules, 1962, namely:-
1. (1) These rules may be called the Income-tax (Seventeenth Amendment) Rules, 2025.
(2) They shall be deemed to have come into force on the 1st day of April, 2025.[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 5
2. In the Income-tax Rules, 1962, in Appendix II,––
(a) for FORM ITR-V, the following FORM shall be substituted, namely: —
“FORM INDIAN INCOME TAX RETURN VERIFICATION FORM Assessment Year
ITR-V 2025-26
[Where the data of the Return of Income in Form ITR-1 (SAHAJ),
ITR-2, ITR-3, ITR-4(SUGAM), ITR-5, ITR-7 filed but NOT
verified electronically]
(Please see rule 12 of the Income-tax Rules, 1962)
Name
PAN Form Number
Filed u/s e-Filing Acknowledgement Number
VERIFICATION
I, son/ daughter of , solemnly declare that to the best of my knowledge and belief,
the information given in the return which has been submitted by me vide acknowledgement number
is correct and complete and is in accordance with the provisions of the Income-tax Act, 1961.
I further declare that I am making this return in my capacity as and I am also competent to
make this return and verify it. I am holding permanent account number .
Signature
Date of Source IP address
submission
System Generated Barcode/QR Code
Instructions:
1. Please e- verify the electronically transmitted return data using Aadhaar OTP or Login to e-Filing account
through Net-Banking login or EVC generated using Pre-Validated Bank Account/ Demat Account or EVC
generated through Bank ATM. Alternately, you may send the duly signed (preferably in blue ink) Form ITR-V
to “Centralized Processing Centre, Income Tax Department, Bengaluru 560500”, by SPEED POST ONLY.
2. Form ITR-V shall not be received in any other office of the Income-tax Department or in any other manner. The
confirmation of receipt of this Form ITR-V at ITD-CPC will be sent to the e-mail Id registered in the e-filing
account.
3. On successful verification, the return filing acknowledgement can be downloaded from e-Filing portal as a proof
of completion of process of filing the return of Income.
4. Please sign only in the box provided for signature. Signature anywhere else other than the box provided can
render the ITR-V invalid.
5. Where ITR data is electronically transmitted and ITR-V is submitted within 30 days of transmission of data - in
such cases the date of transmitting the data electronically shall be considered as the date of furnishing the return
of income.
6. Where ITR data is electronically transmitted but ITR-V is submitted beyond the time-limit of 30 days of
transmission of data - in such cases the date of ITR-V submission shall be treated as the date of furnishing the
return of income and all consequences of late filing of return under the Act shall follow.”;6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(b) for FORM ITR- Ack, the following FORM shall, be substituted, namely: —
“INDIAN INCOME TAX RETURN ACKNOWLEDGEMENT Assessment Year
[Where the data of the Return of Income in Form ITR-1 (SAHAJ), ITR-2, 2025-26
ITR-3, ITR-4(SUGAM), ITR-5, ITR-6, ITR-7 filed and verified]
(Please see rule 12 of the Income-tax Rules, 1962)
PAN
Name
Address
Status Form Number
Filed u/s e-Filing Acknowledgement Number
Current Year business loss, if any 1
x
a
T Total Income 1A
d
n Book Profit under MAT, where applicable 2
a
ncome details A Nd etj u tast xe d
p
aT yo at ba ll
e
I ncome under AMT, where applicable 3
4
I Interest and Fee Payable 5
e
bl Total tax, interest and Fee payable 6
a
x
a Taxes Paid 7
T
(+)Tax Payable /(-)Refundable (6-7) 8
x
Accreted Income as per section 115TD 9
a
T Additional Tax payable u/s 115TD 10
ccreted
me
and Detail I An dte dr ite is ot
n
p aa
l
y Ta ab xl e
a
u n/ ds i1 n1 t5 eT reE
st payable
1 11
2
A
o Tax and interest paid 13
c
n
I (+)Tax Payable /(-)Refundable (12-13) 14
Income Tax Return electronically transmitted on DD-MM-YYYY 00:00:00 from IP address
__________________ and verified by__________________________ having PAN_________________ on
______________________using *paper ITR-Verification Form / Electronic Verification Code
_____________________ generated through _______________________________________________mode
System Generated Barcode/QR Code
*Strike off whichever is not applicable
DO NOT SEND THIS ACKNOWLEDGEMENT TO CPC, BENGALURU”.
[F. No. 370142/21/2025-TPL]
SURBENDU THAKUR, Under Secy., Tax Policy and Legislation
Note.- The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section(ii) vide
number S.O. 969(E), dated the 26th March, 1962 and was last amended vide notification GSR 290(E), dated the
06 May, 2025.
Explanatory Memorandum- It is hereby certified that no person shall be adversely affected by giving
retrospective effect to these rules.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.