This notification, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, introduces amendments to notification S.O. 1790(E) dated June 5, 2017, which relates to clause (v) of the Explanation to section 48 of the Income-tax Act, 1961. Specifically, it inserts a new serial number, 25, with the entry "2025-26" and "376" into the table within the original notification. This amendment will take effect on April 1, 2026, and will apply to the Assessment Year 2026-27 and subsequent years. The notification number is 70/2025/F.No.370142/24/2025-TPL, and it is signed by Samuel Pitta, Dy. Secy. Tax Policy and Legislation. The principal notification S.O. 1790(E) was last amended via notification number S.O. 2103(E), dated May 24, 2024.
Key Entities Referenced
Income-tax Act, 1961: The primary legislation being amended by this notification.
Ministry of Finance, Department of Revenue: The government ministry and department responsible for the notification.
Central Board of Direct Taxes: The organization issuing the notification under the Ministry of Finance.
New Delhi: The location where the notification was issued. It is the capital of India.
S.O. 1790E: The number of the principal notification being amended, dated 5th June, 2017.
S.O. 2103E: The notification number of the last amendment, dated 24th May, 2024.
Assessment Year 2026-27: The assessment year to which the notification applies.
Samuel Pitta: The Dy. Secy. Tax Policy and Legislation who signed the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-01072025-264279
xxxGIDHxxx
CG-DLxx-ExG-I0D1E0x7x2x0 25-264279
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 2887] नई दिल्ली, मगं लिार, िुलाई 1, 2025/आषाढ़ 10, 1947
No. 2887] NEW DELHI, TUESDAY, JULY 1, 2025/ASHADHA 10, 1947
जित्त मत्रं ालय
(रािस्ट्ि जिभाग )
(केन्द्रीय प्रत्यक्ष कर बोडड)
अजधसचू ना
नई दिल्ली, 1 िुलाई, 2025
आय-कर
का.आ. 2954(अ).— केन्द्रीय सरकार, आय-कर अजधजनयम, 1961 (1961 का 43) की धारा 48 के स्ट्पष्टीकरण के
खंड (v) द्वारा प्रित्त िजियों का प्रयोग करते हुए, भारत के रािपत्र, असाधारण भाग 2, खंड 3, उपखंड (ii) में प्रकाजित भारत
सरकार के जित्त मंत्रालय (रािस्ट्ि जिभाग), केंरीय प्रत्यक्ष कर बोडड की अजधसूचना सं. का.आ. 1790(अ) तारीख 5 िून, 2017
में जनम्नजलजखत और संिोधन करती ह,ै अर्ाडत ् :-
4345 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
2. उि अजधसूचना की सारणी में क्रम सं. 24 और उससे संबंजधत प्रजिजष्टयों के पश्चात्, जनम्नजलजखत क्रम संखयांक और प्रजिजष्टया ं
अंत:स्ट्र्ाजपत की िाएंगी, अर्ातड ् :--
“25 2025-26 376”।
3. यह अजधसूचना 1 अप्रलै , 2026 से प्रिृत्त होगी और तद्नुसार जनधाडरण िषड 2026-27 तर्ा पश्चातिती िषों के
जलए लाग ूहोगी ।
[अजधसूचना सं. 70/2025/फा. सं. 370142/24/2025-टीपीएल]
सैमअु ल पिट्टा, उि सचिव (कर नीचि और पवधान)
टटप्पण: मलू अजधसूचना भारत के रािपत्र, असाधारण भाग II, खंड 3, उपखडं (ii) म ें अजधसूचना सं. का.आ. 1790(अ)
तारीख 5 िून, 2017 द्वारा प्रकाजित की गई र्ी और उसमें अंजतम संिोधन अजधसूचना सं. का.आ. 2103(अ)
तारीख 24 मई, 2024 द्वारा दकया गया र्ा ।
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 1st July, 2025
INCOME-TAX
S.O. 2954(E).— In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the
Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following further amendments in the
notification of the Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes,
published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) vide number S.O. 1790(E), dated the
5th June, 2017, namely:-
2. In the said notification, in the Table, after serial number 24 and the entries relating thereto, the following serial
number and entries shall be inserted, namely: -
“25 2025-26 376”.
3. This notification shall come into force on the 1st day of April, 2026 and shall accordingly apply to the
Assessment Year 2026-27 and subsequent years.
[Notification No. 70/2025/F.No.370142/24/2025-TPL]
SAMUEL PITTA, Dy. Secy. (Tax Policy and Legislation)
Note: - The principal notification was published in the Gazette of India, Extraordinary, Part II, section 3,
sub-section (ii) vide number S.O. 1790(E), dated the 5th June, 2017 and was last amended vide notification
number S.O. 2103(E), dated the 24th May, 2024.
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