CBDT amends Rule 12CA/12CC regarding due dates of statement to be filed u/s 115UA / 115TCA for payments of income distributed by Business Trust/ Securitisation Trust.
CBDT has issued Notification 17/2025 dated 24.02.2025 notifying the Income-tax (Fifth Amendment) Rules, 2025. The following amendments have been made in the Rules.
| Existing Rule | Amended Rules |
| Rule 12CA – Statement under sub-section (4) of section 115UA in Form 64A to be made by the 30th November of the next financial year | Rule 12CA – Statement under sub-section (4) of section 115UA in Form 64A to be made by the 15th June of the next financial year |
| Rule 12CC – Statement under sub-section (4) of section 115TCA in Form 64E to be made by the 30th November of the next financial year | Rule 12CC – Statement under sub-section (4) of section 115TCA in Form 64E to be made by the 15th June of the next financial year |
Existing Form No. 64A, Form No. 64, Form No. 64C, Form No. 64D, Form No. 64E and Form No. 64F have been accordingly revised.
- No separate compensation for loss of love and affection under MV Act – SC
- Trust accredited by National Open School eligible for registration u/s 12AB & u/s 80G
- Delay in furnishing Form 10B – Covid Period to be excluded as per decision of Supreme Court
- Section 271AAB does not grant any immunity from penalty in terms of section 273B
- Engagement of ‘Young Professional’ in the office of the PCCT Bihar & Jharkhand
