Income Tax (Eleventh Amendment) Rules 2023.
The CBDT has amended Rules 2C, 11AA, 17A and Forms 10A & 10AB to incorporate the amendments made by the Finance Act 2023 related to charitable/religious trusts or institutions registered/approved under Sections 10(23C), 80G and 12A.
The Finance Act 2023 amended provisions of Section 10(23C), Section 12A and Section 80G to allow for direct final registration/approval in such cases without applying for provisional registration/approval.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, 23rd June, 2023
INCOME-TAX
G.S.R. 457(E).—In exercise of the powers conferred by clauses (i), (ii), (iii) and (iv) of the first proviso to
clause (23C) of section 10, ninth proviso to clause (23C) of section 10, clause (b) of the tenth proviso to clause (23C)
of section 10, sub-clauses (i) (ii), (iii), (iv), (v) and (vi) of clause (ac) of sub-section (1) of section 12A, sub-clause (ii)
of clause (b) of sub-section (1) of section 12A, sub-section (3) of section 12AB, clauses (i), (ii), (iii) and (iv) of the
first proviso to sub-section (5) of section 80G, third proviso to sub-section (5) of section 80G 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. Short title and commencement. ̶̶ ̶̶(1) These rules may be called the Income-tax (Eleventh Amendment) Rules,
2023.
(2) Save as otherwise provided in these rules, they shall come into force from the 1st day of October, 2023.
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