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MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) INCOME-TAX CORRIGENDUM New Delhi, the 28th February, 2023
G.S.R. 156(E).—In the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (ii), vide number G.S.R. 91(E), dated the 10th February, 2023:––
“Sl. Previous year in which asset transferred Section under which deduction claimed in that year New asset acquired/ constructed Amount not used for new asset or remains unutilised in Capital gains account (X) Year in which asset acquired/ constructed Amount utilised out of Capital Gains account i 2019-20 54B
ii 2020-21 54B”;
(iii) at page 231, in the row after item (b) under row 6, for the figures “aXi + b”, the figures “aXi + aXii + b” shall be substituted;
(iv) at page number 233,––
(a) for the table under item (b) under row 10, the following table shall be substituted, namely:–– “Sl. Previous year in which asset transferred Section under which deduction claimed in that year New asset acquired/ constructed Amount not used for new asset or remains unutilised in Capital gains account (X) Year in which asset acquired/ constructed Amount utilised out of Capital Gains account i 2018-19 54/54F/54GB
ii 2019-20 54/54B/54F/54GB
iii 2020-21 54B”;
(b) in the row after item (b) under row 10, for the figures “aXii + b”, the figures “aXii + aXiii + b” shall be substituted;
(v) at page number 243, in schedule VI-A, for the rows (u) and (v), the following shall be substituted, namely:––
“u 80U
ua Any other deduction as per the e- filing utility
v Total deductions under Chapter VI-A (Total of a to ua)”;
“7 Expenses debited to profit and loss account considered under other heads of income/ related to income chargeable u/s 115BBF or u/s 115BBG or u/s 115BBH a Salaries 7a
b House property 7b
c Capital gains 7c
d Other sources 7d
e u/s 115BBF 7e
f u/s 115BBG 7f
g u/s 115BBH (other than cost of acquisition) 7g”;
(b) in row 9, for the figures and letters, “7f + 8a”, the figures and letters “7f + 7g + 8a” shall be substituted;
(vii) at page 284,––
(a) for the table under item (a) under row 7, the following shall be substituted, namely:–– “Sl. Previous year in which asset transferred Section under which deduction claimed in that year New asset acquired/ constructed Amount not used for new asset or remains unutilised in Capital gains account (X) Year in which asset acquired/ constructed Amount utilised out of Capital Gains account i 2018-19 54D/54G/54GA
ii 2019-20 54D/54B/54G/54GA
iii 2020-21 54B”;
(b) in the row after item (b) under row 7, for the figures “Xi + Xii”, the figures “Xi + Xii + Xiii” shall be substituted;
(viii) at page 287,––
(a) for the table under item (a) under row 11, the following table shall be substituted namely:–– “Sl. Previous year in which asset transferred Section under which deduction claimed in that year New asset acquired/ constructed Amount not used for new asset or remains unutilised in Capital gains account (X) Year in which asset acquired/ constructed Amount utilised out of Capital Gains account i 2018-19 54/54D/54F/54G/54GA
ii 2019-20 54/54B/54D/54F/54G/54GA
iii 2020-21 54B”;
(b) ) in the row after item (b) under row 11, for the figures “xi + xii”, the figures “xi + xii + xiii” shall be substituted;
(ix) at page 302, for the row 3, the following table shall be substituted, namely:––
3 Part CA and D- Deduction in respect of other incomes/ other deduction
i 80TTA
ii 80TTB
iii 80U
iv Any other deduction as per the e-filing utility
Total Deduction under Part CA and D (total of i, ii, iii and iv) 3”;
(x) at page 318, in Part C,––
(a) after row C18 and before row C19, the following shall be inserted, namely:–– “C18a Any other deduction as per the e-filing utility”;
(b) in row C19, for the words, letters and figures “Add items C1 to C18”, the words and figures “Add items C1 to C18a” shall be substituted;
(xi) at page 320, after row E10 and before row E11, for the words, letters and figures “For E11 to E25 furnish the information as on 31st day of March, 2022”, the words, letters and figures “For E11 to E25 furnish the information as on 31st day of March, 2023” shall be substituted;
(xii) at page 341,––
(a) for the row 7, the following shall be substituted, namely:––
“7 Expenses debited to profit and loss account considered under other heads of income/ related to income chargeable u/s 115BBF or u/s 115BBG or u/s 115BBH a House property 7a
b Capital gains 7b
c Other sources 7c
d u/s 115BBF 7d
e u/s 115BBG 7e
f u/s 115BBH (other than cost of acquisition) 7f”;
(b) in row 9, for the figures and letters, “7e + 8a”, the figures and letters “7e + 7f + 8a” shall be substituted;
(xiii) at page 349,––
(a) for the table under item (a) under row 7, the following table shall be substituted namely:–– “Sl. Previous year in which asset transferred Section under which deduction claimed in that year New asset acquired/ constructed Amount not used for new asset or remains unutilised in Capital gains account (X) Year in which asset acquired/ constructed Amount utilised out of Capital Gains account i 2018-19 54D/54G/54GA
ii 2019-20 54D/54G/54GA”;
(b) in the row after item (c) under row 7, for the figures and letter “xi + b”, the figures and letter “xi + xii + b” shall be substituted;
(xiv) at page 351,––
(a) for the table under item (a) under row 10, the following table shall be substituted namely:–– “Sl. Previous year in which asset transferred Section under which deduction claimed in that year New asset acquired/ constructed Amount not used for new asset or remains unutilised in Capital gains account (X) Year in which asset acquired/ constructed Amount utilised out of Capital Gains account i 2018-19 54D/54G/54GA
ii 2019-20 54D/54G/54GA”;
(b) in the row after item (c) under row 10, for the figures and letter “xi + b”, the figures and letter “xi + xii + b” shall be substituted;
(xv) at page 375, in row B, for the words, figures and letter “Form No. 16B/16C/16D furnished”, the words, figures and letter “Form No. 16B/16C/16D/16E furnished” shall be substituted;
(xvi) at page 409,––
(a) for the row 7, the following shall be substituted, namely:––
“7 Expenses debited to profit and loss account considered under other heads of income/ related to income chargeable u/s 115BBF or u/s 115BBG or u/s 115BBH a House property 7a
