Central Board of Direct Taxes (CBDT) issued Circular No. 10/2025 dated 28.07.2025 regarding Modification to Circular no. 9 of 2022 (F. No.370142/2/2022-TPL dated 09.05.2022 of CBDT.
Reference is invited to Circular No. 9 of 2022 (F.No.370142/2/2022-TPL) dated 09.05.2022 of Central Board of Direct Taxes (the ‘Board’) vide which guidelines under clause (23FE) of section 10 of the Income-tax Act, 1961 (the Act) were prescribed.
2. Clause (23FE) of section 10 of the Act was amended, vide Finance Act, 2025, so as to extend the date of investment under the said clause from 31st day of March, 2025 to 31st day of March, 2030. The said amendment is effective from the 1st day of April, 2025.
3. In view of the above, reference to the date 31.03.2024 in the opening para and to the date 31 st March, 2024 in paras 4.6.2 and 4.6.3 of the said circular, shall be read as 31 st March, 2030 with effect from the 1st day of April, 2025.
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