Home India Ministry of Finance Notification u/s 10(23FE) of the Income Tax Act, 1961...
Date: 2025-07-11 Category: Extra Ordinary State: Union Government Country: India

Notification u/s 10(23FE) of the Income Tax Act, 1961

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

This notification, S.O. 3155(E), issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, and dated July 11, 2025, amends Notification No. 95/2022 [F. No. 500/SWF4S/10/23/FEFT-TRI/Pt.4], S.O. 3828(E), dated August 16, 2022. The amendment pertains to sub-clause (vi) of clause (b) of Explanation 1 to clause (23FE) of Section 10 of the Income-tax Act, 1961 (43 of 1961). Specifically, the notification substitutes "31st day of March, 2025" with "31st day of March, 2030" in the opening paragraph of the principal notification. This change is effective from the date of publication in the Official Gazette, except for actions taken or omitted between April 1, 2025, and the publication date. The notification number is 1012025 [F. No. 500/Misc./S/10/23/FEFT-TRII] and is signed by Bahni Telenga, Under Secretary. The principal notification, S.O. 3828(E), was published on August 16, 2022, and previously amended by S.O. 2857(E) on July 18, 2024.

Key Entities Referenced

Income-tax Act, 1961: A tax law in India, specifically section 10 clause 23FE, which is being amended by this notification. Central Board of Direct Taxes: A department within the Ministry of Finance responsible for direct tax administration in India. The notification is issued by this board. Ministry of Finance: The government ministry responsible for the economy of India. New Delhi: The capital city of India, where the notification was issued. Gazette of India: The official government gazette of India in which notifications, rules, and regulations are published. S.O. 3155E: The notification number being issued under the Income-tax Act, 1961. S.O. 3828E, dated the 16th August, 2022: The principal notification being amended by this notification. S.O.2857E, dated the 18th July, 2024: A notification that previously amended the principal notification.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12072025-264558 CG-DxLx-xEG-I1D2H0x7x2x0 25-264558 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3085] नई दिल्ली, िुक्रिार, िुलाई 11, 2025/आषाढ़ 20, 1947 No. 3085] NEW DELHI, FRIDAY, JULY 11, 2025/ASHADHA 20, 1947 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केन्द्रीय प्रत्यक्ष कर बोडड) अजधसचू ना नई दिल्ली, 11 िुलाई, 2025 का.आ. 3155(अ).— आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खडं (23चड.) के स्ट्पष्टीकरण 1 के खंड (ख) के उप-खडं (vi) द्वारा प्रित्त िजियों का प्रयोग करते हुए, केंर सरकार, एति ्द्वारा दिनांक 1 अप्रैल, 2025 को या इस तारीख से िासकीय रािपत्र इस अजधसूचना के प्रकाजित होन े की तारीख से की गई या दकए िाने स े छूट गई बातों के जसिाय, भारत के रािपत्र, असाधारण, भाग II, खडं 3, उप-खंड (ii) म ें प्रकाजित दिनांक 16 अगस्ट्त, 2022 की भारत सरकार के जित्त मंत्रालय, रािस्ट्ि जिभाग (केंरीय प्रत्यक्ष कर बोडड) की अजधसूचना [अजधसूचना संख्या 95/2022/ फा.स.ं 500/एसडब्लूएफ4/एस10(23चड.)/एफटी एडं टीआर-II (भाग-4)] संख्या का.आ. 3828 (अ) म ें जनम्नजलजखत और संिोधन करती ह,ै यथा:- 4625 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] उि अजधसूचना म,ें प्रारंभ के पैराग्राफ म,ें “31 माचड, 2025” अंकों, अक्षरों और िब्िों के स्ट्थान पर “31 माचड, 2030” अंक, अक्षर और िब्ि प्रजतस्ट्थाजपत दकए िाएंगे। [सं. 101/2025/फा. स.ं 500/जिजिध/एस10(23चड.)/एफटीएडं टीआर-II] बह्नि तेलंगा, अवर सह्निव नोट: यह मलू अजधसूचना भारत के रािपत्र, असाधारण, भाग II, खडं 3, उप-खंड (ii) म ें दिनांक 16 अगस्ट्त, 2022 की अजधसूना संख्या का. आ. 3828 (अ) द्वारा प्रकाजित की गई थी और बाि में दिनांक 18 िलु ाई, 2024 की अजधसूचना संख्या का. आ. 2857 (अ) द्वारा संिोजधत की गई थी। MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 11th July, 2025 S.O. 3155(E).— In exercise of the powers conferred by sub-clause (vi) of clause (b) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) [Notification No. 95/2022/F. No. 500/SWF4/S10(23FE)/FT&TR-II(Pt.4)] number S.O. 3828(E), dated the 16th August, 2022 published in the Gazette of India, Extraordinary, Part II, section 3, sub- section (ii), except as respects things done or omitted to be done on and from the 1st April, 2025 till the date of publication of this notification in the Official Gazette, namely:–– In the said notification, in the opening paragraph, for the figures, letters and words “31st day of March, 2025”, the figures, letters and words “31st day of March, 2030” shall be substituted. [No. 101/2025/F. No. 500/Misc./S10(23FE)/FT&TR-II] BAHNI TELENGA, Under Secy. Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) vide number S.O. 3828(E), dated the 16th August, 2022 and subsequently amended vide notification number S.O.2857(E), dated the 18th July, 2024. 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.

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