Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights May 2025 Year 2025 This

The CBDT issued a notification amending the Income-tax Rules, ...


Tax Authorities Update Income-tax Rules 1962, Modify ITR-V Form with Retrospective Effect from April 1st, 2025

May 8, 2025

Notifications     Income Tax

The CBDT issued a notification amending the Income-tax Rules, 1962, introducing the Income-tax (Seventeenth Amendment) Rules, 2025, effective retrospectively from 1st April, 2025. The amendment specifically modifies Appendix II, substituting FORM ITR-V with a new version. The notification, issued under sections 139 and 295 of the Income-tax Act, 1961, includes an explanatory memorandum certifying that no taxpayer will be adversely impacted by the retrospective implementation. The amendment was officially published by the tax policy and legislation under secretary, with formal legal authorization from the Ministry of Finance.

View Source

 


 

You may also like:

  1. CBDT issued Notification No. 41/2025 amending Income-tax Rules, 1962, introducing revised ITR-3 Form for Assessment Year 2025-26. The amendment, effective from 1st April...

  2. CBDT has issued Notification No. 43/2025 amending the Income-tax Rules, 1962, specifically notifying the ITR-2 Form for Assessment Year 2025-26. The amendment, effective...

  3. The GoI's MoF through CBDT issued Income-tax (twelfth Amendment) Rules, 2025, effective 1st April 2025, amending Income-tax Rules, 1962. Key modifications include...

  4. CBDT notified ITR-5 Form for Assessment Year 2025-26 through Income-tax (Fourteenth Amendment) Rules, 2025, effective from 1st April, 2025. The notification amends the...

  5. CBDT issued Income-tax (Sixteenth Amendment) Rules, 2025, amending Form ITR-6 in Income-tax Rules, 1962. The amendment takes effect from 1st April, 2025, with...

  6. The Income-tax (ninth Amendment) Rules, 2025 mandate that individuals allotted a PAN based on Aadhaar application forms filed before 1 October 2024 must disclose their...

  7. This notification specifies that Form 3CEDA (Application for rollback of an Advance Pricing Agreement) and Form 3C-O (Application form for approval under sub-section (1)...

  8. The Income-tax (Fifth Amendment) Rules, 2024, introduced through this notification, come into effect from April 1, 2024. The key amendment highlighted in the...

  9. Form of application for obtaining an advance ruling - Manner of submission and Signing the application modified - Rule 44E of the Income-tax Rules, 1962

  10. The notification amends the Income-tax Rules, 1962 by modifying Form No. 10A and Form No. 10AB related to registration u/ss 12A and 80G of the Income-tax Act, 1961. Key...

  11. Updated return of income to be summitted in Form ITR-U - New Rule 12AC inserted - Income-tax (Eleventh Amendment) Rules, 2022 - Notification

  12. CBDT has amended the Income-tax Rules, 1962 through the Income-tax (Seventh Amendment) Rules, 2025, effective upon publication in the Official Gazette. The amendment...

  13. The CBDT issued Notification No. 30/2025 amending Income-tax Rules, 1962, introducing new Rule 12AE governing income tax returns for persons subject to search or...

  14. Amendment in Rule 17C of Income Tax Rules, 1962 - Notification

  15. Verification Certificate - Certificate under provisions of rule 114(4) of Income Tax Rules, 1962

 

Quick Updates:Latest Updates