In a recent development, the Central Board of Direct Taxes (CBDT) issued Notification No. 127/2024 dated December 11, 2024, amending its earlier notification (No. 44/2020) issued on July 6, 2020, under Section 10(23FE) of the Income-tax Act, 1961. The amendment replaces the earlier reference "F. No. 13/3/2017-INF dated 13th August 2018” with "F. No. 13/1/2017-INF dated 11th October 2022."
The changes introduced are effective from the date of publication of the notification in the official gazette.
Official copy of the notification is as follows
MINISTRY OF FINANCE
(Department Of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 11th December, 2024
(INCOME-TAX)
S.O. 5347(E). - In exercise of powers conferred by item (b) and sub-clause (iii) of 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 Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) No. 44/2020/ F. No. 370142/24/2020-TPL number S.O. 2227(E), dated the 6th July, 2020, published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), namely:-
In the said notification, in the opening paragraph, for the letters, figures, and words "F. No. 13/3/2017-INF dated 13th August 2018", the letters, figures, and words "F. No. 13/1/2017-INF dated 11th October, 2022" shall be substituted.
2. This notification shall come into force from the date of its publication in the Official Gazette.
[No. 127/2024/F. No. 500/Misc./S10(23FE)/FT&TR-II]
APOORV TIWARI, 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 2227(E), dated the 6th July, 2020.
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