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of <h1>New ITR-7 Form Introduced in Income-tax (Second Amendment) Rules, 2023, Effective April 1, 2023.</h1> The Income-tax (Second Amendment) Rules, 2023, issued by the Central Board of Direct Taxes, amend the Income-tax Rules, 1962. This amendment, effective from April 1, 2023, involves substituting a new Form ITR-7 in Appendix-II of the existing rules. The notification was published on February 14, 2023, under the authority of the Ministry of Finance's Department of Revenue. The principal rules were initially published in March 1962 and were last amended in February 2023. A corrigendum was issued on March 3, 2023, as Notification No. 11/2023.
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