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. 3157(E), issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, and dated July 11, 2025, amends Notification No. 1142022F.No. 500PF3S1023FEFTTRIIPart2, S.O. 4872(E), dated October 13, 2022. The amendment pertains to the applicability period specified in clause 23FE of section 10 of the Income-tax Act, 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 extension is with the exception of actions already taken or omitted from April 1, 2025, until the publication date of this notification. The notification number is 1032025F.No. 500Misc.S1023FEFTTRII and is issued under the authority of Bahni Telenga, Under Secretary. The principal notification, S.O. 4872(E), was initially published on October 13, 2022, and subsequently amended by S.O. 2859(E) on July 18, 2024.

Key Entities Referenced

Ministry of Finance: A department of the Government of India. Department of Revenue: A department within the Ministry of Finance. Central Board of Direct Taxes: A body under the Department of Revenue responsible for direct tax administration. Income-tax Act, 1961: An act of the Parliament of India that governs the Income tax. New Delhi: The location of publication of the notification; also the capital of India. Official Gazette: A public journal and an authorized legal document of the Government of India, publishing official notifications, rules, and regulations. S.O. 4872E: An earlier notification number related to the subject matter, published on 13th October, 2022. S.O. 2859E: A notification number which amended S.O. 4872E, dated 18th July 2024.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12072025-264578 xxxGIDHxxx CG-DLxx-ExG-I1D2E0x7x2x0 25-264578 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3087] नई दिल्ली, िुक्रिार, िुलाई 11, 2025/आषाढ़ 20, 1947 No. 3087] 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. 3157(अ).— आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खडं (23चड.) के स्ट्पष्टीकरण 1 के खंड (ग) के उप-खंड (iv) द्वारा प्रित्त िजियों का प्रयोग करते हुए, केंर सरकार, एति ् द्वारा दिनांक 1 अप्रलै , 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) में प्रकाजित दिनांक 13 अक्टूबर, 2022 की भारत सरकार के जित्त मंत्रालय, रािस्ट्ि जिभाग (केंरीय प्रत्यक्ष कर बोड)ड की अजधसूचना [अजधसूचना संख्या 114/2022/ फा.स.ं 500/पीएफ3/एस10(23चड.)/एफटी एंड टीआर-II-भाग (2)] संख्या का.आ. 4872(अ) म ेंजनम्नजलजखत और संिोधन करती ह,ै यथा:- 4627 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] उि अजधसूचना म,ें प्रारंभ के परै ाग्राफ में, “31 माच,ड 2025” अंकों, अक्षरों और िब्िों के स्ट्थान पर “31 माच,ड 2030” अंक, अक्षर और िब्ि प्रजतस्ट्थाजपत दकए िाएंगे। [स.ं 103/2025/फा. स.ं 500/जिजिध/एस10(23चड.)/एफटीएडं टीआर-II] बह्नि तेलंगा, अवर सह्निव नोट: यह मूल अजधसूचना भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खंड (ii) म ें दिनांक 13 अक्टूबर, 2022 की अजधसूना संख्या का. आ. 4872(अ) द्वारा प्रकाजित की गई थी और बाि म ें दिनांक 18 िलु ाई, 2024 की अजधसूचना संख्या का. आ. 2859(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. 3157(E).— In exercise of the powers conferred by sub-clause (iv) of clause (c) 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. 114/2022/F.No. 500/PF3/S10(23FE)/FT&TR-II-Part(2)] number S.O. 4872(E), dated the 13th October, 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. 103/2025/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. 4872(E), dated the 13th October,2022 and subsequently amended vide notification number S.O. 2859(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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