Notification under 92CB for extension of safe harbour rules

EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 466] NEW DELHI, WEDNES DAY, AUGUST, 9, 2023/ SHRAVANA 18, 194 5 CG-DL-E-09082023-247974 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 9 th August, 2023 INCOME -TAX G.S.R. 595(E). —In exercise of the powers conferred by section 295 read with sub -section (2) of section 92CB 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. Short title and commencement. - (1) These rules may be called the Income -tax (Fifteenth Amendment) Rules, 2023. (2) They shall deemed to have come into force from the 1st day of April 2023. 2. In the Income -tax Rules, 1962, in rule 10TD, in sub -rule (3B), for the words and figures “assessment years 2020 - 21, 2021 -22 and 2022 -23”, the words and figures “assessment years 2020 -21, 2021 -22, 2022 -23 and 2023 -24” shall be substituted. [Notification No. 58/2023/ F. No. 370142/26/2023 -TPL] SOURABH JAIN, Under Secy . Explanatory Memorandum : This amendment is effective from 1st day of April, 2023 and applies to assessment year 2023 -24 relevant to previous year 2022 -23. Accordingly, it is hereby certified that no person is being adversely affected by giving retros pective effect to these rules. Note: The principal rules were published in the Gazette of India, Extraordinary, Part -II, section -3, sub -section (ii) vide number S.O. 969 (E) dated the 26th March, 1962 and were last amended vide notification number G.S.R. 579 (E), dated 1st August, 2023. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.