Changes in ITR form V and Acknowlegement for A.Y 2024 25 as per the amemdments in the provisions of the Income tax Act, 1961 and In the Income tax Rules, 1962 in consequence of the Finance Act, 2023
G.S.R. 233(E).—In exercise of the powers conferred by section 139 read with section 295 of the Income-taxAct, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend theIncome-tax Rules, 1962, namely:-
- (1) These rules may be called the Income-tax (Fifth Amendment) Rules, 2024.
(2) They shall come into force on the 1st day of April, 2024. - In the Income-tax Rules, 1962, in Appendix-II,
(a) for FORM ITR-V, the following FORM shall be substituted, namely: —
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