CBDT Introduces Key Changes to Income-tax Rules: Fourth Amendment Rules, 2024

CBDT Introduces Key Changes to Income-tax Rules: Fourth Amendment Rules, 2024

In a move aimed at streamlining tax compliance and ensuring transparency, the Central Board of Direct Taxes (CBDT) has issued Notification No. 27/2024 dated March 05, 2024, notifying the Income-tax (Fourth Amendment) Rules, 2024. These amendments, made to the Income-tax Rules, 1962, bring significant updates to various forms and deduction rules under the Income-tax Act, 1961.

Key Changes and Updates

1.) Form No. 3CD:

2.) Form No. 3CEB:

3.) Form No. 65:

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