Notification no. 136/2025 dated 21.08.2025- Income tax

Central Board of Direct Taxes (CBDT) issued notification no. 136/2025 dated 21.08.2025 to further amend the Income tax Rules, 1962 –

1. (1) These rules may be called the Income-tax (Twenty-Fourth Amendment) Rules, 2025

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962, in rule 21AIA, –

(a) sub-rule (4) shall be omitted;

(b) for the Explanation, the following Explanation shall be substituted, namely:—

“Explanation.—For the purpose of this rule, the expression “specified fund” shall have the same meaning as assigned to it in sub-clause (i) of clause (c) of the Explanation to clause (4D) of section 10 of the Act.”.