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. 3166(E), issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, and published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection ii, on July 11, 2025, amends Notification No. 1062023F.No. 500PF13S1023FEFTTRII, S.O. 5472(E), dated December 27, 2023. The amendment pertains to clause 23FE of section 10 of the Income-tax Act, 1961 (43 of 1961). Specifically, it modifies the opening paragraph of the principal notification, extending the applicability of the provision from "31st day of March, 2025" to "31st day of March, 2030". This change is effective from the date of publication in the Official Gazette and does not apply retroactively from April 1, 2025, until the publication date. The principal notification, S.O. 5472(E), was initially published on December 27, 2023, and subsequently amended by notification S.O. 2867(E) on July 18, 2024. The issuing authority is Bahni Telenga, Under Secretary.

Key Entities Referenced

Income-tax Act, 1961: A tax law in India, referenced in the context of amendments and powers conferred for those amendments. Central Board of Direct Taxes: A government body under the Department of Revenue, Ministry of Finance, involved in issuing notifications related to tax laws. Ministry of Finance: A ministry of the Government of India. New Delhi: The location from which the notification was issued, indicating the central government's headquarters. Gazette of India: The official government publication in which the notification and amendments are published. S.O. 5472E: A notification number related to amendments and published in the Gazette of India. S.O. 2867E: A notification number related to amendments and published in the Gazette of India. Bahni Telenga: Under Secretary, who approved the notification
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12072025-264584 xxxGIDHxxx CG-DLxx-ExG-I1D2E0x7x2x0 25-264584 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3096] नई दिल्ली, िुक्रिार, िुलाई 11, 2025/आषाढ़ 20, 1947 No. 3096] 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. 3166(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, खंड 3, उप-खंड (ii) म ें प्रकाजित दिनांक 27 दिसंबर, 2023 की भारत सरकार के जित्त मंत्रालय, रािस्ट्ि जिभाग (केंरीय प्रत्यक्ष कर बोडड) की अजधसूचना [अजधसूचना संख्या 106/2023/ फा.स.ं 500/पीएफ13/एस10(23चड.)/एफटी एडं टीआर-II] संख्या का.आ. 5472 (अ) में जनम्नजलजखत और संिोधन करती ह,ै यथा:- 4636 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.ं 112/2025/फा.स.ं 500/जिजिध/एस10(23चड.)/एफटीएंडटीआर-II] बह्नि तेलंगा, अवर सह्निव नोट: यह मलू अजधसूचना भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खडं (ii) म ें दिनांक 27 दिसंबर, 2023 की अजधसूचना संख्या का. आ. 5472 (अ) द्वारा प्रकाजित की गई थी और बाि म ेंदिनांक 18 िलु ाई, 2024 की अजधसूचना संख्या का. आ. 2867 (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. 3166(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. 106/2023/F.No. 500/PF13/S10(23FE)/FT&TR-II] number S.O. 5472(E), dated the 27th December, 2023 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. 112/2025/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. 5472(E), dated the 27th December, 2023 and subsequently amended vide notification number S.O. 2867(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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