Exemption from Tax Deduction on Withdrawals under Section 80CCA – Income Tax Notification No. 27/2025 dated 04.04.2025
The
Gazette of India
CG-DL-E-04042025-262293
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 1596] NEW DELHI, FRIDAY, APRIL 4, 2025/CHAITRA 14, 1947
MINISTRY
OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 4th April, 2025
No. 27/2025
(INCOME-TAX)
Exemption from Tax Deduction on Withdrawals under Section 80CCA
S.O. 1615(E).—In exercise of the powers conferred by sub-section (1F) of section 197A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies that no deduction of tax shall be made under section 194EE of the Act on payment of amount referred to in clause (a) of sub-section (2) of section 80CCA, which is withdrawn by an assessee being an individual, on or after the date of publication of this notification in the Official Gazette.
[F.
No. 370142/13/2025-TPL]
SURBENDU THAKUR, Under Secy. (Tax Policy and Legislation)
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