CBDT notifies ITR-B Return of income u/s 158BC for block search assessment

CBDT notifies ITR-B Return of income under section 158BC for block search assessment cases

CBDT vide Notification No. 30/2025 dated 07/04/2025 has notified the Income-tax (Tenth Amendment) Rules, 2025 prescribing ITR-B for block search assessment return under clause (a) of sub section (1) of section 158BC of the Income Tax Act, 1961.

Clause (a) of sub-section (1) of Section 158BC provides that where any search has been initiated under section 132 or books of account, other documents or assets are requisitioned under section 132A on or after the 1st day of September, 2024 in the case of any person, then, the Assessing Officer shall require such person to furnish a return in the prescribed form for the block period.

Rule 12AE has been inserted to provide that the said return of income shall be furnished by a person, mentioned in column (2) of the Table below in the manner specified in column (3):

A New ITR namely ITR-B has also been notified

ITR-B
(Block period (Derived by system based on A19-A20)
Indian Income Tax Return for Block Assessment
[For search and seizure cases (Chapter XIV-B)] (See section 158BC(1)(a) r.w. rule 12AE of the Income-tax Rules, 1962) (Refer instructions for eligibility)

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