CBDT Notification No. 01/2024-25: Electronic Submission of Forms under Rule 131

editor — Sat, 29 Jun 2024 04:41:05 +0000

The Central Board of Direct Taxes (CBDT) issued Notification No. 01/2024-25 on June 24, 2024, specifying that certain forms listed in Appendix-II of the Income Tax Rules, 1962, must be submitted electronically under sub-rule (1) and sub-rule (2) of Rule 131 of the Income Tax Rules, 1962.

Exercising the powers conferred under these sub-rules, the Director General of Income Tax (Systems), with the Board’s approval, has mandated the electronic submission and prescribed verification of the following forms:

Form 3CN: Application for notification of an affordable housing project as a specified business under section 35AD of the Income Tax Act.
Form 3CS: Application for notification of a semiconductor wafer fabrication manufacturing unit as a specified business under section 35AD of the Income Tax Act.
Form 3CEC: Application for a pre-filing meeting.
Form 3CEFB: Application for opting for Safe Harbour in respect of specified domestic transactions.
Form 59: Application for approval of the issue of public companies under section 80C(2)(xix) of the Income Tax Act.
Form 59A: Application for approval of mutual funds investing in the eligible issue of public companies under section 80C(2)(xx) of the Income Tax Act.

This notification will be effective from June 27, 2024.

For further details, the full notification can be accessed here.

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CBDT Notification No. 01/2024-25: Electronic Submission of Forms under Rule 131

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