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<h1>Income-tax Rules 1962 amend Rule 21AIA, redefine 'specified fund' by reference to clause (c) of section 10(4D); effective on Gazette</h1> The Income-tax (Twenty-Fourth Amendment) Rules, 2025 amend Rule 21AIA of the Income-tax Rules, 1962 by omitting sub-rule (4) and replacing the existing Explanation with one that defines 'specified fund' by reference to sub-clause (i) of clause (c) of the Explanation to clause (4D) of section 10 of the Income-tax Act, 1961. The amendment takes effect on publication in the Official Gazette and is made under the rule-making power in section 295 of the Act.