MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 1st September, 2025

(INCOME-TAX)

G.S.R. 598(E).— In exercise of the powers conferred by section 295 read with the fourth, fifth and sixth provisos and Explanation 3 to clause (23FE) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:___

1. (1) These rules may be called the Income-tax (Twenty-Fifth Amendment) Rules, 2025.

(2) They shall come into force from the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962, in rule 2DCA,––

(a) in sub-rule (2), in the fourth proviso,–

(i) for the figures “2025-26”, the figures “2031-32” shall be substituted;

(ii) for the figures “2024-25”, the figures “2030-31” shall be substituted;

(b) in sub-rule (3), in the fourth proviso,–

(i) for the figures “2025-26”, the figures “2031-32” shall be substituted;

(ii) for the figures “2024-25”, the figures “2030-31” shall be substituted;

(c) in sub-rule (4), in the third proviso, –

(i) for the figures “2025-26”, the figures “2031-32” shall be substituted;

(ii) for the figures “2024-25”, the figures “2030-31” shall be substituted;

(d) in Explanation 1,–

(i) in clause (d), for the figures “2024”, the figures “2030” shall be substituted;

(ii) in clause (e), for the figures “2024”, the figures “2030” shall be substituted;

(iii) in the proviso to clause (h), for the figures “2024-25”, the figures “2030-31” shall be substituted.

[F. No. 141/2025/F. No. 370142/30/2025-TPL]

ROHIT SINGH, Under Secy., Tax Policy and Legislation

Note: The Income-tax Rules, 1962 were published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (ii) vide number S.O. 969(E), dated the 26th March, 1962 and were last amended vide notification number G.S.R. 566(E) dated the 21st August, 2025.