Case law › Notifications › 2024 › Notification No. 34/2024 [F. No. 370142/3/2024-TPL]/ GSR 223(E)

Notification 19 March 2024

Notification No. 34/2024 [F. No. 370142/3/2024-TPL]/ GSR 223(E)

2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)]

What this is

Notification No. 34/2024 [F. No. 370142/3/2024-TPL]/ GSR 223(E) was published on 19 March 2024. Its subject is 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)].

What it does

A corrigendum to the notification published vide G.S.R. 155(E) dated 5 March 2024. At page 2, item E is to be read as providing that in clause 22, after the figures "2006", the words and figures "or any other amount not allowable under clause (h) of section 43B of the Income-tax Act, 1961" shall be inserted. It corrects the text of the amending item in the parent notification.

Who it reaches

Assessees whose accounts are audited and reported in the form amended by G.S.R. 155(E)
Chartered accountants reporting amounts disallowable under clause (h) of section 43B
Assessing Officers reading the reported figure in clause 22

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.3	s.3
s.43B	s.2, s.37, s.66

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

CORRIGENDA

New Delhi the 19th March, 2024

INCOME-TAX

G.S.R. 223(E).—In the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide number G.S.R. 155(E), dated 5th March, 2024, at page 2, for item E, read:––

'E. in clause 22, after the figures "2006", the words and figures " or any other amount not allowable under clause (h) of section 43B of the Income-tax Act, 1961" shall be inserted;'.

[Notification No. 34 /2024 F. No. 370142/3/2024-TPL]

KHUSHBOO LATHER, Under Secy.

Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.

What to watch

The corrigendum states no separate commencement date; it corrects the notification of 5 March 2024 as published.
Only item E at page 2 of the parent notification is replaced; the other items stand as published.
The corrected item widens the reporting in clause 22 to any other amount not allowable under clause (h) of section 43B, over and above the existing reference ending with the figures "2006".
The extract does not name the form in which clause 22 appears, so the parent notification must be consulted.

Where you meet it

In reporting under clause 22 of the audit form amended by G.S.R. 155(E), and in the disallowance under clause (h) of section 43B tested in assessment.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 94/2026 [F. No. 370142/24/2026-TPL] / G.S.R. 646(E) : Income-tax (Second Amendment) Rules, 2026 : Amendment of rule 157 of the Income tax Rules, 2026 to align the definition of the specified fund with rule 114AAB of the Income tax Rules, 1962 — Ministry of Finance 21 July 2026
Notification No. 64 — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 7 16 April 2026
Notification No. 63/2026 [F. No. 370142/13/2026-TPL]/ GSR 268(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026
Notification No. 62/2026 [F. No. 370142/10/2026-TPL]/ GSR 267(E) — Ministry of Finance 10 April 2026
Notification No. 61/2026 [F. No. 370142/9/2026-TPL] / GSR 266(E) — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 10 April 2026
Notification No. 60/2026 [F. No. 370142/8/2026-TPL]/ GSR 265(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026

← Notification No. 33/2024 [F.No. 503/2/1986-FTD-I] / SO 1484(E) · Notification No. 32/2024 [(F.No.165/1/2021-ITA-I)] / SO 1413(E) →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.