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<h1>CBDT Amends Income-tax Act Notification No. 60/2022: Changes Affecting Schedule Entries u/s 118 Now Effective.</h1> The Central Board of Direct Taxes, under the Ministry of Finance, has issued Notification No. 123/2022, amending Notification No. 60/2022 dated June 10, 2022, under section 118 of the Income-tax Act, 1961. The amendment involves changes in the schedule of the original notification, specifically omitting certain entries in serial number 7, column number (3), affecting items (ii) and (v) in column number (4) and related entries in column number (5). This amendment takes effect from the date of its publication in the Official Gazette.