Extension of Applicability of Safe Harbour Rules to AY 2024-25 and extension of timeline for filing Return of Income, Master File, and Safe Harbour

The Central Board of Direct Taxes (CBDT) vide Notification dated 29 November 2024 has extended the applicability of the Safe Harbour Rules under Rule 10TD of the Income-tax Rules, 1962 (the Rules) to Assessment Year (AY) 2024-25.

These rules may be called the Income-tax (Tenth Amendment) Rules, 2024 and shall be deemed to have come into force from 1 April 2024.

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