The Central Board of Direct Taxes (CBDT) has issued the Income-tax (Second Amendment) Rules, 2023. These Rules seek to further amend the Income-tax Rules, 1962. These Rules were issued on 14th February, 2023. These Rules were issued on 14th February, 2023.
The notification revises the Form ITR-7: INDIAN INCOME TAX RETURN along with all of its attached schedules and the verification.
The updated return will come into force on 1st April, 2023.