Amendment of the Rule 2DCA of Income Tax Rules, 1962 to align it with amended provisions of section 10(23FE) of the Income Tax Act, 1961
The Central Board of Direct Taxes (CBDT) has issued a new notification, the Income-tax (Twenty-Fifth Amendment) Rules, 2025, to modify Rule 2DCA of the Income-tax Rules, 1962. This amendment is intended to align the rule with the changes made to Section 10(23FE) of the Income-tax Act, 1961. The notification, which is effective immediately upon publication, systematically revises several key financial years mentioned within Rule 2DCA. Specifically, the figures “2025-26” and “2024-25” are being replaced with “2031-32” and “2030-31,” respectively, in sub-rules (2), (3), and (4). Furthermore, in Explanation 1, the figures “2024” are being substituted with “2030” in clauses (d) and (e), while “2024-25” is replaced with “2030-31” in the proviso to clause (h). These changes, made under the authority of Section 295 of the Income-tax Act, extend the timelines for certain exemptions and provisions, bringing the rules in line with the recently amended law.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 141/2025-Income Tax
New Delhi, the 1st September, 2025
G.S.R. 598(E).- In exercise of the powers conferred by section 295 read with the fourth, fifth and sixth provisos and Explanation 3 to clause (23FE) of section 10 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 (Twenty-Fifth Amendment) Rules, 2025. (2) They shall come into force from the date of their publication in the Official Gazette.
(2) In the Income-tax Rules, 1962, in rule 2DCA,–
(a) in sub-rule (2), in the fourth proviso,–
(i) for the figures “2025-26”, the figures “2031-32” shall be substituted;
(ii) for the figures “2024-25”, the figures “2030-31” shall be substituted;
(b) in sub-rule (3), in the fourth proviso,–
(i) for the figures “2025-26”, the figures “2031-32” shall be substituted;
(ii) for the figures “2024-25”, the figures “2030-31” shall be substituted;
(c) in sub-rule (4), in the third proviso, –
(i) for the figures “2025-26”, the figures “2031-32” shall be substituted;
(ii) for the figures “2024-25”, the figures “2030-31” shall be substituted;
(d) in Explanation 1,–
(i) in clause (d), for the figures “2024”, the figures “2030” shall be substituted;
(ii) in clause (e), for the figures “2024”, the figures “2030” shall be substituted;
(iii) in the proviso to clause (h), for the figures “2024-25”, the figures “2030-31” shall be substituted.
[F. No. 141/2025/F. No. 370142/30/2025-TPL]
ROHIT SINGH, Under Secy., Tax Policy and Legislation
Note: The Income-tax Rules, 1962 were published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (ii) vide number S.O. 969(E), dated the 26th March, 1962 and were last amended vide notification number G.S.R. 566(E) dated the 21st August, 2025.
