Approval of CG - Board not to be Mandatory

Section 528 — - APPROVAL OF CG / BOARD NOT TO BE MANDATORY

Section 528 of the Income-tax Act, 2025 corresponds to FA 2017 of the Income-tax Act, 1961.

STATUTORY ARCHITECTURE

Where CG / Board approval required, AO may presume satisfaction in cases prescribed.

PRACTITIONER PLANNING NOTES

• Procedural simplification.

CROSS-REFERENCES

• s. 533 [295] -- Rules.
• s. 535 [298] -- Removal of difficulty.
• s. 536 [Repeal] -- Saving clause.