CBDTNotificationNotification No. 63/201719 Jul 2017

Rescission of Income Tax Notifications under Section 118

Who: The Central Board of Direct Taxes rescinds specified prior notifications under section 118 of the Income-tax Act, 1961.

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What changed

The Central Board of Direct Taxes rescinds three prior notifications under section 118 of the Income-tax Act, 1961, in the public interest. The rescission preserves all acts and omissions that occur before the commencement date. This notification takes effect on the date of its publication in the Official Gazette.

Key dates

Effective from: 19 Jul 2017
Date of publication and coming into force: 19 Jul 2017

Law this touches

Income-tax Act s. 118

Who is affected

The Central Board of Direct Taxes rescinds specified prior notifications under section 118 of the Income-tax Act, 1961.

Exceptions

The rescission excludes things done or omitted to be done before the rescission.

Ask about this notification

Written automatically from the official document. It is not a professional review, so check material decisions against the official record.

Document text

Prepared for reading; wording retained from the source.

Official source

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 19th July, 2017 (INCOME TAX)

S.O. 2259(E).—In exercise of the powers conferred under section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes being satisfied that it is necessary in the Public interest to do so hereby rescinds the following Notifications of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes vide numbers as specified below, except as respects things done or omitted to be done before such recession namely :-

(i) S.O. 1614(E), dated the 26th September, 2006, published in the Gazette of India Extraordinary, Part II, Section 3, sub-section (ii), dated the 26th September, 2006;
(ii) S.O. 2024(E), dated the 30th November, 2007, published in the Gazette of India Extraordinary, Part II, Section 3, sub-section (ii), dated the 30th November, 2007; and
(iii) S.O. 3250(E), dated the 25th October, 2013, published in the Gazette of India Extraordinary, Part II, Section 3, sub-section (ii), dated the 25th October, 2013.

This notification shall come into force with effect from the date of its publication in the Official Gazette.

[Notification No. 63/2017/ F. No. 189/1/2017-ITA.I] DEEPSHIKHA SHARMA, Director

Source details

Official title: notification no. 63/2017 f. no. 189/1/2017 ita.i / so 2259 e
Source: Central Board of Direct Taxes / Income Tax Department
Type: notification
Published by source: 19 Jul 2017
Document number: Notification No. 63/2017
Issuing division: Central Board of Direct Taxes
Effective date: 19 Jul 2017
Coverage area: direct-tax

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Rescission of Income Tax Notifications under Section 118

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