Notification no. 97/2026 dated 24.07.2026- Income tax

Central Board of Direct Taxes (CBDT) issued notification no. 97/2026 dated 24.07.2026 to hereby make following further amendment in the Income tax Rules, 2026, namely –

These rules may be called the Income-tax (Third Amendment) Rules, 2026. They shall be deemed to have come into force on the 1st day of April, 2026.

These rules shall apply on any search initiated under section 247 or requisition made under section 248 of the Income-tax Act, 2025 on or after the 1st day of April, 2026.

In the Income-tax Rules, 2026,–

a) in rule 332, in sub-rule (1), for the word and figure “Appendix III”, the words and figures “Appendix III and Appendix IV” shall be substituted;

b) after Appendix III, the following shall be inserted, namely:–

Appendix IV -> ITR-BN – Income tax Return for Block Assessment for Search and Seizure cases.