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Income tax Seventh Amendment Rules, 2023 amendment of Rule 11AA

Date: 30th May 2023
Category: Extra Ordinary
Issued by Ministry of Finance · Department of Revenue
New Delhi

Read or download the official PDF of this gazette notification issued by the Ministry of Finance on 30th May 2023. Classified under Extra Ordinary.

Official Gazette Notification Text

Official Transcript

रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-30052023-246168 xxxGIDHxxx CG-DL-E-30052023-246168 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 325] नई दिल्ली, मगं लिार, मई 30, 2023/ज्य ष्े ि 9, 1945 No. 325] NEW DELHI, TUESDAY, MAY 30, 2023/JYAISHTHA 9, 1945 जित्त मत्रं...

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  • The notification issued by the Central Board of Direct Taxes (CBDT) amends the Income-tax Rules, 1962, specifically concerning the effective date of provisional approval for applications made under section 80G of the Income-tax Act, 1961.
  • The Income-tax (7th Amendment) Rules, 2023 are introduced and will be effective from the date of their publication in the Official Gazette (May 30, 2023).
  • Rule 11AA of the Income-tax Rules, 1962 is amended by substituting sub-rule (7).
  • The amended sub-rule (7) specifies that in the case of an application made under clause (iv) of the first proviso to sub-section (5) of section 80G, the provisional approval will be effective from the assessment year relevant to the previous year in which the application was made.

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