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

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

This notification, S.O. 3128(E), issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, and dated July 11, 2025, further amends Notification No. 89/2020 [F.No.370133/16/2020-TPL], S.O. 3952(E), dated November 2, 2020, which relates to subclause (vi) of clause (b) of Explanation 1 to clause 23FE of section 10 of the Income-tax Act, 1961 (43 of 1961). The amendment substitutes "31st day of March, 2030" for "31st day of March, 2025" in the opening paragraph of the principal notification. This change is effective from the date of publication in the Official Gazette, except for actions already taken or omitted between April 1, 2025, and the publication date. The Under Secretary, BAHNI TELENGA, signed the notification [No. 74/2025/F. No. 500/Misc./S10/23/FE/FT&TR-II]. The principal notification, S.O. 3952(E), was initially published on November 2, 2020, and subsequently amended by S.O. 345(E) on January 25, 2022, and S.O. 2830(E) on July 18, 2024.

Key Entities Referenced

New Delhi: The city in India where the notification was issued. Ministry of Finance: The Indian government ministry responsible for the notification. Department of Revenue: The department within the Ministry of Finance that deals with revenue matters. Central Board of Direct Taxes: A board under the Department of Revenue responsible for direct taxes. Income-tax Act, 1961: The principal act governing income tax in India. S.O. 3952E: Notification number dated the 2nd November, 2020, which is being amended by this notification. S.O. 345E: Notification number dated the 25th January, 2022, which is amending principal notification. S.O. 2830E: Notification number dated the 18th July, 2024, which is amending principal notification.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-11072025-264546 xxxGIDHxxx CG-DLxx-ExG-I1D1E0x7x2x0 25-264546 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3058] नई दिल्ली, िुक्रिार, िुलाई 11, 2025/आषाढ़ 20, 1947 No. 3058] 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. 3128(अ).— आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खंड (23चड.) के स्ट्पष्टीकरण 1 के खंड (ख) के उप-खंड (vi) 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) में प्रकाजित दिनांक 02 निंबर, 2020 की भारत सरकार के जित्त मंत्रालय, रािस्ट्ि जिभाग (केंरीय प्रत्यक्ष कर बोडड) की अजधसूचना [अजधसूचना संख्या 89/2020/फा.स.ं 370133/16/2020-टीपीएल] संख्या का. आ. 3952 (अ) में जनम्नजलजखत और संिोधन करती ह,ै यथा:- 4597 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] उि अजधसूचना म,ें प्रारंभ के परै ाग्राफ म,ें “31 माचड, 2025” अंकों, अक्षरों और िब्िों के स्ट्थान पर “31 माचड, 2030” अंक, अक्षर और िब्ि प्रजतस्ट्थाजपत दकए िाएगं े। [सं. 74/2025/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) में दिनांक 02 निंबर, 2020 की अजधसूचना संख्या का. आ. 3952 (अ) द्वारा प्रकाजित की गई थी और बाि में दिनांक 25 िनिरी, 2022 की अजधसूचना संख्या का. आ. 345 (अ) और दिनांक 18 िलु ाई, 2024 की अजधसूचना संख्या का. आ. 2830 (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. 3128(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.89/2020/F.No.370133/16/2020-TPL] number S.O. 3952(E), dated the 2nd November, 2020, 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. 74/2025/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. 3952(E), dated the 2nd November, 2020 and subsequently, amended vide notification number S.O.345(E), dated the 25th January, 2022 and S.O. 2830(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.

Continue your research