MINISTRY OF FINANCE

(Department of Revenue)

 (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION  

New Delhi, the 9th May, 2025

No. 46/2025

G.S.R. 303(E).—In exercise of the powers conferred by section 139 read with section 295 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: -

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

      (2) They shall be deemed to have come into force on the 1^st day of April, 2025.

2.   In the Income-tax Rules, 1962, in Appendix - II, for FORM ITR-7, the following FORM shall be substituted, namely: –––

 FORM ITR-7

 [F.No. 370142/18/2025-TPL]

SURBENDU THAKUR, Under Secy, Tax Policy and Legislation

Note:  The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (ii) vide notification number S.O. 969 (E), dated the 26th March, 1962 and was last amended vide notification GSR  294(E), dated the 07^th May, 2025.

Explanatory Memorandum: It is hereby certified that no person shall be adversely affected by giving retrospective effect to these rules.