The Central Board of Direct Taxes (CBDT), Ministry of Finance, has issued Notification No. 51/2023-Income Tax on July 18, 2023, amending Rule 11UAC of the Income-tax Rules, 1962. This new amendment is known as the Income-tax (Thirteenth Amendment) Rules, 2023 and comes into effect immediately. Under the Income-tax (Thirteenth Amendment) Rules 2023, a significant addition has been made...
