INCOME-TAX (THIRD AMENDMENT) RULES, 2026 – AMENDMENT IN RULE 332 AND INSERTION OF FORM ITR-BN
INCOME-TAX (THIRD AMENDMENT) RULES, 2026 – AMENDMENT IN RULE 332 AND INSERTION OF FORM ITR-BN
In exercise of the powers conferred by section 294, read with section 533 of the Income-tax Act, 2025 (30 of 2025), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 2026, namely:—
1. (1) These rules may be called the Income-tax (Third Amendment) Rules, 2026.
(2) They shall be deemed to have come into force on the 1st day of April, 2026.
Application.
2. These rules shall apply on any search initiated under section 247 or requisition made under section 248 of the Income-tax Act, 2025 on or after the 1st day of April, 2026.
3. In the Income-tax Rules, 2026,—
| (a) | in rule 332, in sub-rule (1), for the word and figure “Appendix III”, the words and figures “Appendix III and Appendix IV” shall be substituted; | |
| (b) | after Appendix III, the following shall be inserted, namely:- |
[see rule 332(1)]
ITR-BN
PRADEEP SHARMA, Deputy Secretary,
Tax Policy and Legislation