The Central Board of Direct Taxes (CBDT) vide notification no. G.S.R. 514(E) published on 17th July 2023 has amended the Income Tax Rules, 1962 in view of IFSC Related Proposals in Finance Act 2023. The new amendment may be called as Income-tax (Twelfth Amendment) Rules, 2023. The amendment was made by CBDT in exercise of the powers conferred by clause (i) of sub-section...