MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 24th July, 2026

 G.S.R. 656(E).—In exercise of the powers conferred by section 294 read with section 533 of the Income-tax Act, 2025 (30 of 2025), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 2026, namely:––

1.   (1) These rules may be called the Income-tax (Third Amendment) Rules, 2026.

      (2) They shall be deemed to have come into force on the 1st day of April, 2026.

2.   Application. - These rules shall apply on any search initiated under section 247 or requisition made under section 248 of the Income-tax Act, 2025 on or after the 1^st day of  April, 2026.

3.   In the Income-tax Rules, 2026,–

a.   in rule 332, in sub-rule (1), for the word and figure “Appendix III”, the words and figures “Appendix III and Appendix IV” shall be substituted;

b.   after Appendix III, the following shall be inserted, namely:–

APPENDIX IV

[Notification No. 97/2026/F. No. 370142/11/2026-TPL]

PRADEEP SHARMA, Dy. Secy., Tax Policy and Legislation  

Note: The Income-tax Rules, 2026 were published vide notification 198(E), dated the 20th March, 2026 and last amended vide notification GSR 646(E), dated the 21^st July, 2026.  

Explanatory Memorandum: It is certified that no person is being adversely affected by giving retrospective effect to this notification.