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Core Purpose

Corrigendum issued to amend the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), vide number G.S.R. 279(E), dated 30th April, 2025, concerning Income-Tax.

Detailed Summary

This corrigendum, issued by the Ministry of Finance (Department of Revenue, Central Board of Direct Taxes) on 29th May, 2025, amends the previous notification G.S.R. 279(E), dated 30th April, 2025. The amendment is made at page number 125, in Schedule 80IE. Specifically, after row item “ag”, a new row item “ah” is inserted. This new row item “ah” pertains to "Sikkim" and includes "Undertaking no. 1" and "Undertaking no. 2", each referencing "(30 of Form 10CCB of the undertaking)". Consequently, the entire Schedule 80IE, which details deductions under section 80-IE for undertakings located in North-East states, is substituted with the modified schedule incorporating Sikkim.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-29052025-263472 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 309] NEW DELHI, THURSDAY, MAY 29, 2025/JYAISTHA 8, 1947 3510 GI/2025 (1) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 29th May, 2025 INCOME-TAX G.S.R. 352(E).— In the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (i), vide number G.S.R. 279(E), dated 30th April, 2025: (i) at page number 125, in Schedule 80IE, after row item “ag”, a new row item "ah” shall be inserted and accordingly, for the Schedule 80IE, the following schedule shall be substituted, namely: Schedule 80-IE Deductions under section 80-IE +---+-------------------------------------------------------+-----+---------------------------------------+------------------------------------+ | a | Deduction in respect of undertaking located in North-East | | | | +---+-------------------------------------------------------+-----+---------------------------------------+------------------------------------+ | | | aal | Undertaking no. 1 | (30 of Form 10CCB of the | | | aa Assam | aa2 | Undertaking no. 2 | undertaking) | | | | | | (30 of Form 10CCB of the | | | | | | undertaking) | | | | ab1 | Undertaking no. 1 | (30 of Form 10CCB of the | | | ab Arunachal | ab2 | Undertaking no. 2 | undertaking) | | | Pradesh | | | (30 of Form 10CCB of the | | | | | | undertaking) | | | | acl | Undertaking no. 1 | (30 of Form 10CCB of the | | | ac Manipur | ac2 | Undertaking no. 2 | undertaking) | | | | | | (30 of Form 10CCB of the | | | | | | undertaking) | | | | ad1 | Undertaking no. 1 | (30 of Form 10CCB of the | | | ad Mizoram | ad2 | Undertaking no. 2 | undertaking) | | | | | | (30 of Form 10CCB of the | | | | | | undertaking) | | | | ael | Undertaking no. 1 | (30 of Form 10CCB of the | | | ae Meghalaya | ae2 | Undertaking no. 2 | undertaking) | | | | | | (30 of Form 10CCB of the | | | | | | undertaking) | | | | afl | Undertaking no. 1 | (30 of Form 10CCB of the | | | af Nagaland | af2 | Undertaking no. 2 | undertaking) | | | | | | (30 of Form 10CCB of the | | | | | | undertaking) | | | | ag1 | Undertaking no. 1 | (30 of Form 10CCB of the | | | ag Tripura | ag2 | Undertaking no. 2 | undertaking) | | | | | | (30 of Form 10CCB of the | | | | | | undertaking) | | | | ahl | Undertaking no. 1 | (30 of Form 10CCB of the | | | ah Sikkim | ah2 | Undertaking no. 2 | undertaking) | | | | | | (30 of Form 10CCB of the | | | | | | undertaking) | +---+-------------------------------------------------------+-----+---------------------------------------+------------------------------------+ | | Total deduction for undertakings located in North-east (total of | ai | | | | | aal to ah2) | | | | +---+-------------------------------------------------------+-----+---------------------------------------+------------------------------------+ | b | Total deduction under section 80-IE: (ai) | | b | | +---+-------------------------------------------------------+-----+---------------------------------------+------------------------------------+ [Notification No.50/2025/F. No. 370142/14/2025-TPL] SURBENDU THAKUR, Under Secy. 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.

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