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of <h1>Income Tax Bill 2025: Central Government and Board Granted Powers for Guidelines and Rules Under Clauses 8, 166, 205, 267, 533</h1> The Income Tax Bill, 2025 empowers the Central Government and the Board to issue notifications, make rules, and provide guidelines to address difficulties in implementing specific clauses. The Board, with government approval, can issue guidelines for clauses 8, 166, 205, and 267, and any such guidelines must be presented to Parliament. Clause 533 allows the Board to make rules for various tax-related procedures, including income determination, depreciation, electronic filing, and international tax agreements. Clause 535 requires that orders removing difficulties be laid before Parliament. The delegation of legislative powers is typical for procedural and detailed matters not specified in the Bill.
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