Income-tax (Fourth Amendment) Rules, 2024

Last updated: 20 March 2024

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The Central Board of Direct Taxes has issued the Income-tax (Fourth Amendment) Rules, 2024. These rules amend the Income-tax Rules, 1962, and come into effect upon their publication in the Official Gazette. Key changes include updates to Form No. 3CD, specifically in Part A, clause 8a, and Part B, clauses 12 and 18.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 5th March, 2024

G.S.R. 155(E).— In exercise of the powers conferred by section 295 read with sections 44AB and 92E 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 (Fourth Amendment) Rules, 2024.
(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962, in Appendix II,––

a) in Form No. 3CD,––

(i) in PART A, in clause 8a, for the figures and letters “115BAD”, the figures and letters “115BAD/115BAE” shall be substituted;

(ii) in PART B,––

A. in clause 12, for the figures and letters “44AD”, the figures and letters “44AD, 44ADA” shall be substituted;

B. in clause 18, for sub-clause (ca), the following sub-clauses shall be substituted, namely:––

For full notification please refer to the attachment