notification no. 4/2023 f.no. 370142/51/2022 tpl / gsr 91 e income tax first amendment rules 2023

[भाग II—ख᭛ ड 3(i)] भारत का राजपᮢ : असाधारण 222 MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 10th February, 2023 G.S.R 91(E).—In exercise of the powers conferred by section 139 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 (First Amendment) Rules, 2023. (2) They shall come into force with effect from the 1st day of April, 2023. 2. In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), in rule 12,- (a) in sub-rule (1), in the opening portion, for the figures “2022”, the figures “2023” shall be substituted. (b) in sub-rule (5), for the figures “2021”, the figures “2022” shall be substituted. 3. In the principal rules, in Appendix-II, for Forms ITR-1 SAHAJ, ITR-2, ITR-3, ITR-4 SUGAM, ITR-5, ITR-6, ITR-V and Indian Income Tax Return Acknowledgement, the following Forms shall, respectively, be substituted, namely:— FORM SAHAJ (ITR-1) INDIAN INCOME TAX RETURN [For individuals being a resident (other than not ordinarily resident) having total income up to Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income up to Rs.5 thousand] [Not for an individual who is either Director in a company or has invested in unlisted equity shares or in cases where TDS has been deducted u/s 194N or if income-tax is deferred on ESOP] (Refer instructions for eligibility) Assessment Year 2 0 2 3 - 2 4 PART A GENERAL INFORMATION (A1)PAN (A2) First Name (A2a) Middle Name (A3) Last name (A4) Date of Birth (A5) Aadhaar Number (12 digits)/Aadhaar Enrolment Id (28 digits) (If eligible for Aadhaar No.) D D M M Y Y Y Y (A6) Mobile No. (A7) E-mail Address Address: (A8) Flat/Door/Block No. (A9)Name of Premises/Building/Village (A10) Road/Street/Post Office Area/Locality (A11) Town/City/District (A12) State (A13) Country (A14) PIN code (A15) Filed u/s (Tick) [Please see instruction]  139(1)-On or before due date, 139(4)-Belated, 139(5)-Revised,  119(2)(b)- After Condonation of delay (A17) Nature of employment-  Central Govt.  State Govt.  Public Sector Undertaking  Pensioners-CG  Pensioners-SG  Pensioners-PSU  Pensioners- Others  Others  Not Applicable (e.g. Family Pension etc.) (A16) Or Filed in response to notice u/s  139(9),  142(1),  148,  153C (A18) If revised/defective, then enter Receipt No. and Date of filing original return (DD/MM/YYYY) / / (A19) If filed in response to notice u/s 139(9)/142(1)/148/153C or order u/s 119(2)(b)- enter Unique Number/Document Identification Number (DIN) & Date of such Notice or Order / / (A20) Are you opting for new tax regime u/s 115BAC ?  Yes  No (A21) Are you filing return of income under Seventh proviso to section 139(1) but otherwise not required to furnish return of income? - (Tick)  Yes  No If yes, please furnish following information [Note: To be filled only if a person is not required to furnish a return of income under section 139(1) but filing return of income due to fulfilling one or more conditions mentioned in the seventh proviso to section 139(1)] (i) Have you incurred expenditure of an amount or aggregate of amount exceeding Rs. 2 lakhs for travel to a foreign country for yourself or for any other person? (Yes/ No) Amount (Rs) (If Yes) 223 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] (ii) Have you incurred expenditure of amount or aggregate of amount exceeding Rs. 1 lakh on consumption of electricity during the previous year? (Yes/No) Amount (Rs) (If Yes) (iii) Are you required to file a return as per other conditions prescribed under clause (iv) of seventh proviso to section 139(1) (If yes, please select the relevant condition from the drop-down menu) (Tick)  Yes  No PART B GROSS TOTAL INCOME Whole- Rupee( ) only B1 i Gross Salary (ia + ib + ic+id+ie) i SALARY / PENSION a Salary as per section 17(1) ia b Value of perquisites as per section 17(2) ib c Profit in lieu of salary as per section 17(3) ic d Income from retirement benefit account maintained in a notified country u/s 89A (country drop down will be provided in e-filing utility) id e Income from retirement benefit account maintained in a country other than notified country u/s 89A ie ii Less allowances to the extent exempt u/s 10 (drop down to be provided in e-filing utility) (Ensure that it is included in salary income u/s 17(1)/17(2)/17(3) ) ii iia Less: Income claimed for relief from taxation u/s 89A iia iii Net Salary (i – ii-iia) iii iv Deductions u/s 16 (iva + ivb + ivc) iv a Standard deduction u/s 16(ia) iva b Entertainment allowance u/s 16(ii) ivb c Professional tax u/s 16(iii) ivc v Income chargeable under the head ‘Salaries’ (iii – iv) B1 B2 Tick applicable option  Self-Occupied  Let Out  Deemed Let Out HOUSE PROPERTY i Gross rent received/ receivable/ lettable value during the year i ii Tax paid to local authorities ii iii Annual Value (i – ii) iii iv 30% of Annual Value iv v Interest payable on borrowed capital v vi Arrears/Unrealised rent received during the year less 30% vi vii Income chargeable under the head ‘House Property’ (iii – iv – v) + vi (If loss, put the figure in negative) Note: - Maximum loss from House Property that can be set-off is INR 2, 00,000. To avail the benefit of carry forward and set of loss, please use ITR -2 B2 B3 Income from Other Sources (drop down like interest from saving account, deposit etc. to be provided in e-filing utility specifying nature of income and in case of dividend income and Income from retirement benefit account maintained in a notified country u/s 89A, please mention quarterly breakup for allowing applicable relief from section 234C) B3 Less: Deduction u/s 57(iia) (in case of family pension only) Less: Income claimed for relief from taxation u/s 89A B4 Gross Total Income (B1+B2+B3) (If loss, put the figure in negative) Note: To avail the benefit of carry forward and set of loss, please use ITR -2 B4 PART C – DEDUCTIONS AND TAXABLE TOTAL INCOME (Refer instructions for Deduction limit as per Income-tax Act. [भाग II—ख᭛ ड 3(i)] भारत का राजपᮢ : असाधारण 224 80C 80CCC 80CCD(1) 80CCD(1B) 80CCD(2) 80D (Details are to be filled in the drop down to be provided in e-filing utility) 80DD (Details are to be filled in the drop down to be provided in e- filing utility) 80DDB (Details are to be filled in the drop down to be provided in e-filing utility) 80E 80EE 80EEA 80EEB 80G (Details are to be filled in the drop down to be provided in e-filing utility) 80GG 80GGA (Details are to be filled in the drop down to be provided in e- filing utility) 80GGC 80TTA 80TTB 80U (Details are to be filled in the drop down to be provided in e- filing utility)