Tax Return Filing Modernized: New Electronic Rule 12AE Mandates Digital Submission for Search and Requisition Cases

The CBDT issued Notification No. 30/2025 amending Income-tax Rules, 1962, introducing new Rule 12AE governing income tax returns for persons subject to search or requisition operations initiated on or after 1 September 2024. The amendment mandates filing ITR-B form electronically, with specific submission requirements based on taxpayer category: entities like companies and auditable accounts must file under digital signature, while other taxpayers can use electronic verification code. The rule establishes procedural frameworks for secure data transmission, verification of tax credit claims, and standardizes return filing processes for cases involving undisclosed income during block assessments, effective retrospectively from 1 September 2024. .....

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