The Ministry of Finance, through the Central Board of Direct Taxes, has issued Notification No. 93/2025 – Income Tax, dated July 11, 2025. This notification amends a previous one (S.O. 3114(E), dated August 3, 2021) under the Income-tax Act, 1961, specifically referencing sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) of section 10. The core change extends the validity period mentioned in the initial paragraph of the principal notification. The original date, “31st day of March, 2025,” has been replaced with “31st day of March, 2030.” This effectively prolongs the period for which certain provisions under Section 10(23FE) are applicable. This amendment applies to all actions except those already completed or omitted between April 1, 2025, and the publication date of this new notification. The principal notification has been amended once before via S.O. 2849(E).
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 93/2025 – Income Tax | Dated: 11th July, 2025
S.O. 3147(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 further amendment in the notification of the Government of India in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) [Notification No. 84/2021/ F. No. 370142/13/2021-TPL (Part-1) number S.O. 3114(E), dated the 3rd August, 2021 published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), except as respects things done or omitted to be done on and from the 1st April, 2025 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 “31st day of March, 2025”, the figures, letters and words “31st day of March, 2030” shall be substituted.
[No. 93/2025/F. No. 500/Misc./S10(23FE)/FT&TR-II]
BAHNI TELENGA, 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. 3114(E), dated the 3rd August, 2021 and subsequently amended vide notification number S.O. 2849(E),
