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, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes on July 11, 2025, under S.O. 3167(E), amends Notification No. 932024F.No. 500PF12S1023FEFTTRIIPart1 number S.O. 2879(E), dated July 19, 2024. The amendment pertains to clause 23FE of section 10 of the Income-tax Act, 1961 (43 of 1961). Specifically, it 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 responsible authority is Bahni Telenga, Under Secretary. The original notification S.O. 2879(E) was published on July 19, 2024. The notification number for this amendment is No. 1132025F. No. 500Misc.S1023FEFTTRII.

Key Entities Referenced

Ministry of Finance: A department of the Government of India responsible for financial matters. Department of Revenue: A department under the Ministry of Finance, Government of India, responsible for tax collection and administration. Central Board of Direct Taxes: A body within the Department of Revenue responsible for direct tax administration in India. Income-tax Act, 1961: A law governing income tax in India. New Delhi: The location of the notification, and capital of India. S.O. 3167E: An order number related to the notification. S.O. 2879E: An earlier notification number being amended by this notification. Gazette of India: The official government gazette of India, where notifications are published.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12072025-264585 xxxGIDHxxx CG-DLxx-ExG-I1D2E0x7x2x0 25-264585 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3097] नई दिल्ली, िुक्रिार, िुलाई 11, 2025/आषाढ़ 20, 1947 No. 3097] 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. 3167(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 करत ेहुए, केंर सरकार, एति ्द्वारा दिनांक 1 अप्रलै , 2025 को या इस तारीख स े िासकीय रािपत्र इस अजधसूचना के प्रकाजित होने की तारीख स े की गई या दकए िान े स े छूट गई बातों के जसिाय, भारत के रािपत्र, असाधारण, भाग II, खडं 3, उप-खडं (ii) में प्रकाजित दिनांक 19 िलु ाई, 2024 की भारत सरकार के जित्त मंत्रालय, रािस्ट्ि जिभाग (केंरीय प्रत्यक्ष कर बोडड) की अजधसूचना [अजधसूचना संख्या 93/2024/ फा.स.ं 500/पीएफ12/एस10(23चड.)/एफटी एंड टीआर-II-भाग (1)] संख्या का. आ. 2879 (अ) में जनम्नजलजखत और संिोधन करती ह,ै यथा:- 4637 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] उि अजधसूचना म,ें प्रारंभ के परै ाग्राफ म,ें “31 माच,ड 2025” अंकों, अक्षरों और िब्िों के स्ट्थान पर “31 माचड, 2030” अंक, अक्षर और िब्ि प्रजतस्ट्थाजपत दकए िाएंगे। [स.ं 113/2025/फा.स.ं 500/जिजिध/एस10(23चड.)/एफटीएंडटीआर-II] बह्नि तेलंगा, अवर सह्निव नोट: यह मूल अजधसूचना भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खडं (ii) म ें दिनांक 19 िलु ाई, 2024 की अजधसूचना संख्या का. आ. 2879 (अ) द्वारा प्रकाजित की गई थी। MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 11th July, 2025 S.O. 3167(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 amendment in the notification of the Government of India in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes [Notification No. 93/2024/F.No. 500/PF12/S10(23FE)/FT&TR-II-Part(1)] ) number S.O. 2879(E), dated the 19th July, 2024 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. 113/2025/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. 2879(E), dated the 19th 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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