Income-tax (Twenty-Fifth Amendment) Rules, 2025 · G.S.R. 598(E)
CBDT notification G.S.R. 598(E) · 01 Sept 2025
Official title
notification no. 141/2025 f. no. 370142/30/2025 tpl / g.s.r. 598 e income tax twenty fifth amendment rules 2025
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Board of Direct Taxes amends the Income-tax Rules, 1962 to extend the timelines for specific tax exemptions under section 10(23FE). The amendment updates the assessment year references in rule 2DCA from 2025-26 to 2031-32 and from 2024-25 to 2030-31. It also updates calendar year references in the explanation to rule 2DCA from 2024 to 2030. These changes apply to sovereign wealth funds and pension funds that claim tax exemptions on income from investments in infrastructure. The rules take effect from the date of publication in the Official Gazette.
Key dates
- Effective from
- 01 Sept 2025
- Commencement date
- 01 Sept 2025
Who is affected
- Entities eligible for tax exemptions under section 10(23FE) of the Income-tax Act, 1961.
Document text
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 1st September, 2025
(INCOME-TAX)
G.S.R. 598(E).— In exercise of the powers conferred by section 295 read with the fourth, fifth and sixth provisos and Explanation 3 to clause (23FE) of section 10 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) These rules may be called the Income-tax (Twenty-Fifth Amendment) Rules, 2025.
- (2) They shall come into force from the date of their publication in the Official Gazette.
- In the Income-tax Rules, 1962, in rule 2DCA,––
- (a) in sub-rule (2), in the fourth proviso,–
- (i) for the figures “2025-26”, the figures “2031-32” shall be substituted;
- (ii) for the figures “2024-25”, the figures “2030-31” shall be substituted;
- (b) in sub-rule (3), in the fourth proviso,–
- (i) for the figures “2025-26”, the figures “2031-32” shall be substituted;
- (ii) for the figures “2024-25”, the figures “2030-31” shall be substituted;
- (c) in sub-rule (4), in the third proviso, –
- (i) for the figures “2025-26”, the figures “2031-32” shall be substituted;
- (ii) for the figures “2024-25”, the figures “2030-31” shall be substituted;
- (d) in Explanation 1,–
- (i) in clause (d), for the figures “2024”, the figures “2030” shall be substituted;
- (ii) in clause (e), for the figures “2024”, the figures “2030” shall be substituted;
- (iii) in the proviso to clause (h), for the figures “2024-25”, the figures “2030-31” shall be substituted.
[F. No. 141/2025/F. No. 370142/30/2025-TPL]
ROHIT SINGH, Under Secy., Tax Policy and Legislation
Note: The Income-tax Rules, 1962 were published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (ii) vide number S.O. 969(E), dated the 26th March, 1962 and were last amended vide notification number G.S.R. 566(E) dated the 21st August, 2025.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.
Source details
- Source
- Central Board of Direct Taxes / Income Tax Department
- Type
- notification
- Published by source
- 01 Sept 2025
- Document number
- G.S.R. 598(E)
- Issuing division
- Central Board of Direct Taxes
- Effective date
- 01 Sept 2025
- Coverage area
- direct-tax