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Core Purpose

Notification amending a Central Board of Direct Taxes notification issued under clause (23FE) of section 10 of the Income-tax Act, 1961 to extend an investment deadline from 31st March 2024 to 31st March 2025.

Detailed Summary

The Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), via notification S.O. 2845(E) dated 18th July 2024, exercising powers under sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 (43 of 1961), amends its earlier notification S.O. 1854(E) dated 13th May 2021 (Notification No. 64/2021/F.No. 370142/40/2020-TPL), with the amendment applying except as respects things done or omitted between 1st April 2024 and the date of publication; the amendment substitutes the figures, letters and words "31st day of March, 2024" with "31st day of March, 2025" in the opening paragraph of the principal notification; the notification bears reference number 69/2024/F.No. 500/Misc./S10(23FE)/FT&TR-II and is signed by Apoorv Tiwari, Under Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-19072024-255551 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 2708] NEW DELHI, THURSDAY, JULY 18, 2024/ASHADHA 27, 1946 4376 GI/2024 MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 18th July, 2024 S.O. 2845(E). In exercise of the powers conferred by sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) number S.O. 1854(E), dated the 13th May, 2021 (Notification No. 64/2021/F.No. 370142/40/2020- TPL) published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), except as respects things done or omitted to have been done on and from the 1st day of April, 2024 till the date of publication of this notification in the Official Gazette, namely:- In the said notification, in the opening paragraph, for the figures, letters and words "31st day of March, 2024", the figures, letters and words "31st day of March, 2025” shall be substituted. [Notification No. 69/2024/F.No. 500/Misc./S10(23FE)/FT&TR-II] APOORV TIWARI, Under Secy. Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) vide number S.O. 1854(E), dated the 13th May, 2021. 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. Digitally signed by GORAKHA GORAKHA NATH YADAVA NATH YADAVA Date: 2024.07.19 14:54:45 +05°30′

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