The Ministry of Finance, Department of Revenue, issued Notification No. 61/2024 on July 18, 2024, amending the previous Notification No. 46/2021 from May 4, 2021. This amendment, under the powers conferred by the Income-tax Act, 1961, extends the applicability of the original notification’s provisions from March 31, 2024, to March 31, 2025. The changes take effect from April 1, 2024, until the publication date of this notification in the Official Gazette.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
New Delhi
Notification No. 61/2024 – Income Tax | Dated: 18th July, 2024
S.O. 2837(E).– In exercise of the powers conferred by sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) number S.O. 1735(E), dated the 4th May, 2021 (Notification No. 46/2021/F.No. 370142/41/2020-TPL) published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), except as respects things done or omitted to have been done on and from the 1st day of April, 2024 till the date of publication of this notification in the Official Gazette, namely:––
In the said notification, in the opening paragraph, for the figures, letters and words “31 st day of March, 2024”, the figures, letters and words “31st day of March, 2025” shall be substituted.
[Notification No. 61/2024/F.No. 500/Misc./S10(23FE)/FT&TR-II]
APOORV TIWARI, Under Secy.
Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) vide number S.O. 1735(E), dated the 4th May, 2021.
