The Central Board of Direct Taxes (CBDT) has issued a new notification that mandates the electronic submission of certain forms under the Income Tax Rules, 1962. This move aims to streamline the filing process and enhance compliance.
On June 24, 2024, the CBDT released Notification No. 01/2024-25, detailing the forms listed in Appendix-II of the Income Tax Rules, 1962. According to this notification, these forms must be filed electronically in accordance with sub-rule (1) and sub-rule (2) of Rule 131 of the Income Tax Rules, 1962.
Official copy of the notification is as follows
F. No. DGIT(S)-CIT(OSD)E-Filing/e_Filing Notification/Forms/2024
Government of India
Ministry of Finance
Central Board of Direct Tax
Directorate of Income Tax (Systems)
Notification No. 01/2024-25
Dated: 24-06-2024
Specifying Forms prescribed in Appendix-II of the Income Tax Rules 1962, to be furnished
electronically under sub-rule (1) and sub-rule (2) of Rule 131 ofthe Income-tax Rules, 1962
In exercise of the powers conferred under sub-rule (1) and sub-rule (2) of Rule 131 of the Income-tax Rules, 1962 ('the Rules'), the Director General of Income Tax (Systems), with the approval of the Board, hereby specifies that the following Forms shall be furnished electronically and shall be verified in the manner prescribed under sub-rule (1) of Rule 131 :
|
Sl. No |
Form |
Description |
|
1 |
3CN |
Application for notification of affordable housing project as specified business under section 35AD of the Income-tax Act |
|
2 |
3CS |
Application for notification of a semiconductor wafer fabrication manufacturing unit as specified business under section 35AD of the Income tax-Act |
|
3 |
3CEC |
Application for a Pre-filing meeting |
|
4 |
3CEFB |
Application for Opting for Safe Harbour in respect of Specified Domestic Transactions |
|
5 |
59 |
Application for approval of issue of public companies under section 80C(2)(xix) of the Income-tax Act |
|
6 |
59A |
Application for approval of Mutual funds investing in the eligible issue of public companies under section 80C(2)(xx) of the Income-tax Act |
This Notification shall come into effect from June 27, 2024.
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