Notification no. 111/2024 dated 15.10.2024- Income tax

Central Board of Direct Taxes (CBDT) issued Notification No. 110/2024/ F.No.370142/20/2024-TPL] SOURABH JAIN, Under Secy dated 15.10.2024

In exercise of the powers conferred by section 295 read with sub-clauses (i), (ii), (iii), (iv), (v) and (vi) of clause (ac) of sub-section (1) of section 12A, first and second provisos to clause (23C) of section 10, clauses (i), (ii), (iii) and (iv) of the first proviso to sub-section (5) of section 80G 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:

Short title and commencement: – (1) These rules may be called the Income-tax Amendment (Seventh
Amendment) Rules, 2024.

(2) They shall deemed to have come into force from the 1st day of October, 2024

Read detail in the Notification –