MINISTRY OF FINANCE

 (Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

INCOME-TAX

CORRIGENDUM

New Delhi, the 28th February, 2023

 

 G.S.R. 156(E).—In the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (ii), vide number G.S.R. 91(E), dated the 10th  February, 2023:––

  1. at page number 224, in Part C, in column 10, in row 2, the words “Any other deduction as per the e-filing utility” shall be inserted;
  2. at page 230, for the table under item (a) under row 6, the following table shall be substituted, namely:––

 

 

“Sl.

Previous year in which asset transferred

Section under which deduction claimed in that year

New asset acquired/ constructed

Amount not used for new asset or remains unutilised in Capital gains account (X)

Year in which asset acquired/ constructed

Amount utilised out of Capital Gains account

i

2019-20

54B

 

 

 

ii

2020-21

54B”;

 

 

 

 

  1. at page 231, in the row after item (b) under row 6, for the figures “aXi + b”, the figures “aXi + aXii + b” shall be substituted;
  2. at page number 233,––

   a. for the table under item (b) under row 10, the following table shall be substituted, namely:––

“Sl.

Previous year in which asset transferred

Section under which deduction claimed in that year

New asset acquired/ constructed

Amount not used for new asset or remains unutilised in Capital gains account (X)

Year in which asset acquired/ constructed

Amount utilised out of Capital Gains account

i

2018-19

54/54F/54GB

 

 

 

ii

2019-20

54/54B/54F/54GB

 

 

 

iii

2020-21

54B”;

 

 

 

 

b. in the row after item (b) under row 10, for the figures “aXii + b”, the figures “aXii + aXiii + b” shall be substituted;

 

  1. at page number 243, in schedule VI-A, for the rows (u) and (v), the following shall be substituted, namely:––

 

“u

80U

 

ua

Any other deduction as per the efiling utility

 

 

 

v

Total deductions under Chapter VI-A (Total of a to ua)”;

 

 

 

  1. at page number 276,–––

a. for the row 7, the following shall be substituted, namely:––

 

“7

Expenses debited to profit and loss account considered under other heads of income/ related to income chargeable u/s 115BBF or u/s 115BBG or u/s 115BBH

a

Salaries

7a

 

b

House property

7b

 

c

Capital gains

7c

 

d

Other sources

7d

 

e

u/s 115BBF

7e

 

f

u/s 115BBG

7f

 

g

u/s 115BBH (other than cost of acquisition)

7g”;

 

 

b. in row 9, for the figures and letters, “7f + 8a”, the figures and letters “7f + 7g + 8a” shall be substituted;

 

  1. at page 284,––

     a. for the table under item (a) under row 7, the following shall be substituted, namely:––

“Sl.

Previous year in which asset transferred

Section under which deduction claimed in that year

New asset acquired/ constructed

Amount not used for new asset or remains unutilised in Capital gains account (X)

Year in which asset acquired/ constructed

Amount utilised out of Capital Gains account

i

2018-19

54D/54G/54GA

 

 

 

ii

2019-20

54D/54B/54G/54GA

 

 

 

iii

2020-21

54B”;

 

 

 

 

b. in the row after item (b) under row 7, for the figures “Xi + Xii”, the figures “Xi + Xii + Xiii” shall be substituted;

  1. at page 287,––

a. for the table under item (a) under row 11, the following table shall be substituted namely:––

“Sl.

Previous which transferred

year in asset

Section under which deduction claimed in that year

New asset acquired/ constructed

Amount not used for new asset or remains unutilised in Capital gains account (X)

Year in which asset acquired/ constructed

Amount utilised out of Capital Gains account

i

2018-19

 

54/54D/54F/54G/54GA

 

 

 

ii

2019-20

 

54/54B/54D/54F/54G/54GA

 

 

 

iii

2020-21

 

54B”;

 

 

 

 

b. in the row after item (b) under row 11, for the figures “xi + xii”, the figures “xi + xii + xiii” shall be substituted;

 

  1. at page 302, for the row 3, the following table shall be substituted, namely:––

 

3

Part CA and D- Deduction in respect of other incomes/ other deduction

 

 

 

i

80TTA

 

ii

80TTB

 

 

 

iii

80U

 

iv

Any other deduction as per the e-filing utility

 

 

 

Total Deduction under Part CA and D (total of i, ii, iii and iv)

 

3”;

 

 

  1. at page 318, in Part C,––

a. after row C18 and before row C19, the following shall be inserted, namely:––

“C18a

Any other deduction as per the e-filing utility”;

 

 

b. in row C19, for the words, letters and figures “Add items C1 to C18”, the words and figures “Add items C1 to C18a” shall be substituted;

xi. at page 320, after row E10 and before row E11, for the words, letters and figures “For E11 to E25 furnish the information as on 31st day of March, 2022”, the words, letters and figures “For E11 to E25 furnish the information as on 31st day of March, 2023” shall be substituted;

  1. at page 341,––

      a. for the row 7, the following shall be substituted, namely:––

 

“7

Expenses debited to profit and loss account considered under other heads of income/ related to income chargeable u/s 115BBF or u/s 115BBG or u/s 115BBH

a

House property

7a

 

b

Capital gains

7b

 

c

Other sources

7c

 

d

u/s 115BBF

7d

 

e

u/s 115BBG

7e

 

f

u/s 115BBH (other than cost of acquisition)

7f”;

 

 

b. in row 9, for the figures and letters, “7e + 8a”, the figures and letters “7e + 7f + 8a” shall be substituted;

 

  1. at page 349,––

a. for the table under item (a) under row 7, the following table shall be substituted namely:––

“Sl.

Previous year in which asset transferred

Section under which deduction claimed in that year

New asset acquired/ constructed

Amount not used for new asset or remains unutilised in Capital gains account (X)

Year in which asset acquired/ constructed

Amount utilised out of Capital Gains account

i

2018-19

54D/54G/54GA

 

 

 

ii

2019-20

54D/54G/54GA”;

 

 

 

 

b. in the row after item (c) under row 7, for the figures and letter “xi + b”, the figures and letter “xi + xii + b” shall be substituted;

 

  1. at page 351,––

a. for the table under item (a) under row 10, the following table shall be substituted namely:––

“Sl.

Previous year in which asset transferred

Section under which deduction claimed in that year

New asset acquired/ constructed

Amount not used for new asset or remains unutilised in Capital gains account (X)

Year in which asset acquired/ constructed

Amount utilised out of Capital Gains account

i

2018-19

54D/54G/54GA

 

 

 

ii

2019-20

54D/54G/54GA”;

 

 

 

 

b. in the row after item (c) under row 10, for the figures and letter “xi + b”, the figures and letter “xi + xii + b” shall be substituted;  

  1. at page 375, in row B, for the words, figures and letter “Form No. 16B/16C/16D furnished”, the words, figures and letter “Form No. 16B/16C/16D/16E furnished” shall be substituted;

 

  1. at page 409,––

a. for the row 7, the following shall be substituted, namely:––

 

“7

Expenses debited to profit and loss account considered under other heads of income/ related to income chargeable u/s 115BBF or u/s 115BBG or u/s 115BBH

a

House property

7a

 

b

Capital gains

7b

 

c

Other sources

7c

 

d

u/s 115BBF

7d

 

e

u/s 115BBG

7e

 

f

u/s 115BBH (other than cost of acquisition)

7f”;

 

b. in row 9, for the figures and letters, “7e + 8a”, the figures and letters “7e + 7f + 8a” shall be substituted;

 

  1. at page 417,––

a. for the point (i) in table under item (a) under row 7, the following shall be substituted namely:––

“i

2018-19  

54D/54G/54GA  

 

 

 

ii

2019-20  

54D/54G/54GA”;  

 

 

 

 

b. in the row after item (b) under row 7, for the figures and letter “xi + b”, the figures and letter “xi + xii + b” shall be substituted;

 

  1. at page 419, for the table under item (a) under row 10, the following table shall be substituted namely:––

“Sl.

Previous year in which asset transferred

Section under which deduction claimed in that year

New asset acquired/ constructed

Amount not used for new asset or remains unutilised in Capital gains account (X)

Year in which asset acquired/ constructed

Amount utilised out of Capital Gains account

i

2018-19

54D/54G/54GA

 

 

 

ii

2019-20

54D/54G/54GA”;

 

 

 

 

xvix. at page 420, in the row after item (b) under row 7, for the figures and letter “xi + b”, the figures and letter “xi + xii + b” shall be substituted;

 

xvx. at page 454, in row B, for the words, figures and letter “Form No. 16B/16C/16D furnished”, the words, figures and letter “Form No. 16B/16C/16D/16E furnished” shall be substituted.

 

 [Notification No.  8/2023 (F.  No. 370142/51/2022–TPL)]

 

 

RAMAN CHOPRA Jt. Secy .