The Ministry of Finance on December 22, 2023, issued the Income-tax (Thirtieth Amendment) Rules, 2023, to further amend the Income-tax Rules, 1962.
The following amendments have been stated:
• In Rule 12, which states “Return of income and return of fringe benefits”:
(i) In sub-rule (1), in the opening portion, for the figure “2023”, the figure “2024” shall be substituted;
(ii) In sub-rule (5), for the figures “2022”, the figures “2023” shall be substituted.
This notification will come into force from April 01, 2024.
For further details, kindly refer to the document attached.
[Notification No G.S.R. 908(E)]
