Income-tax (Eighth Amendment) Rules, 2025 - Tax Audit Report - Amends 3CD Statement of particulars required to be furnished under Section 44AB

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...., 2025 INCOME-TAX G.S.R. 207(E).--In exercise of the powers conferred by section 44AB and section 295 of the Income-tax Act (43 of 1961), the Central Board of Direct Taxes, hereby, makes the following rules further to amend the Income-tax Rules, 1962, namely :- 1. Short title and commencement.- (1) These rules may be called the Income-tax (Eighth Amendment) Rules, 2025. ....

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....ll be substituted - "22. (i) Amount of interest inadmissible under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act); or (ii) Total amount required to be paid to to a micro or small enterprise, as referred to in section 15 of the MSMED Act, during the previous year; (iii) Of amount referred to in (ii) above, amount - (a) paid up to time gi....

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....r deposit taken or accepted and code of the nature of such amount, as given in Note 1; [Dropdown to be provided]";       (h) in clause (31), in sub-clause (c), for item (ii), the following item shall be substituted, namely :- "(ii) Amount of each repayment of loan or deposit or any specified advance and code of the nature of such amount, as given in Note 1; [Dropdo....

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....nal entry [Debit] I 10. Journal entry [Credit] J 11. Any other mode [Debit] K 12. Any other mode [Credit] L"; (j) after clause (36A), the following clause shall be inserted, namely :- "36B. a) Whether the assessee has received any amount for buyback of shares as referred to in sub-clau....