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

**Policy Summary:** This notification, S.O. 3145(E), issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, and dated July 11, 2025, amends Notification No. 66/2021 [F. No. 370142/13/2021-TPL], S.O. 1856(E), dated May 13, 2021. The amendment pertains to the Income-tax Act, 1961 (43 of 1961), specifically clause 23FE of section 10. The key change extends the applicability of the aforementioned notification by substituting "31st day of March, 2025" with "31st day of March, 2030" in the opening paragraph. This extension does not apply to actions taken or omitted from April 1, 2025, until the publication date of this notification. The notification was issued under the authority of sub-clause (iv) of clause (c) of Explanation 1 to clause 23FE of section 10 of the Income-tax Act, 1961. The principal notification, S.O. 1856(E), was initially published on May 13, 2021, and subsequently amended by notification S.O. 2847(E) on July 18, 2024. The Under Secretary, Bahni Telenga, signed the notification [No. 91/2025/F. No. 500/Misc./S10/23FE/FT&TR-II].

Key Entities Referenced

Ministry of Finance: The ministry responsible for financial matters of the Government of India. Department of Revenue: A department under the Ministry of Finance responsible for tax collection and administration. Central Board of Direct Taxes: A body within the Department of Revenue responsible for direct tax matters. Income-tax Act, 1961: The primary law governing income tax in India. New Delhi: The location where the notification was issued. Gazette of India: The official government gazette where notifications are published. S.O. 3145E: The official number assigned to this specific notification. BAHNI TELENGA: The Under Secretary who signed the notification.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12072025-264568 CG-DxLx-xEG-I1D2H0x7x2x0 25-264568 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.ं 3075] नई दिल्ली, िुक्रिार, िुलाई 11, 2025/आषाढ़ 20, 1947 No. 3075] 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. 3145(अ).— आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खंड (23चड.) के स्ट्पष्टीकरण 1 के खंड (ग) के उप-खडं (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 होने की तारीख से की गई या दकए िाने से छूट गई बातों के जसिाय, भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खंड (ii) म ेंप्रकाजित दिनांक 13 मई, 2021 की भारत सरकार के जित्त मंत्रालय, रािस्ट्ि जिभाग (केंरीय प्रत्यक्ष कर बोडड) की अजधसूचना [अजधसूचना संख्या 66/2021/फा.स.ं 370142/13/2021-टीपीएल] संख्या का. आ. 1856 (अ) में जनम्नजलजखत और संिोधन करती ह,ै यथा:- 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 िाएगं े। [सं. 91/2025/फा.स.ं 500/जिजिध/एस10(23चड.)/एफटीएंडटीआर-II] बह्नि तेलंगा, अवर सह्निव 4614 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] नोट: यह मलू अजधसूचना भारत के रािपत्र, असाधारण, भाग II, खडं 3, उप-खंड (ii) म ें दिनांक 13 मई, 2021 की अजधसूचना संख्या का. आ. 1856 (अ) द्वारा प्रकाजित की गई थी और बाि में दिनांक 18 िुलाई, 2024 की अजधसूचना संख्या का. आ. 2847 (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. 3145(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. 66/2021/ F. No. 370142/13/2021-TPL) number S.O. 1856(E), dated the 13th May, 2021 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. 91/2025/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. 1856(E), dated the 13th May, 2021 and subsequently amended vide notification number S.O.2847(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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