CBDT Amends Notification on Tax Exemptions u/s 10(23FE) of Income-tax Act



Quick Summary
The Central Board of Direct Taxes (CBDT) has issued an amendment to its earlier notification regarding tax exemptions under Section 10(23FE) of the Income-tax Act. This amendment, effective from its publication in the Official Gazette, updates specific reference numbers within the original notification from 2020. The change involves substituting an old file number and date with a new one, ensuring the notification reflects current administrative details.

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 gazett
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FAQ :

The CBDT has amended its previous notification (No. 44/2020) concerning tax exemptions provided under Section 10(23FE) of the Income-tax Act, 1961.

The amendment is effective from the date of its publication in the Official Gazette.

The amendment replaces a specific reference number and date ('F. No. 13/3/2017-INF dated 13th August 2018') with a new one ('F. No. 13/1/2017-INF dated 11th October 2022').

The amendment relates to Section 10(23FE) of the Income-tax Act, 1961.

The original notification (No. 44/2020) was issued on July 6, 2020.




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