CBDT notifies ITR-B for Income Tax Block Search Assessment Return: The notification inserts Rule 12AE in Income-tax Rules. The form ITR-B applies to cases involving search and seizure actions initiated on or after 1st September 2024 under Sections 132 or 132A. It must be used to declare income for the block assessment period and submitted electronically, either via digital signature or electronic verification code, depending on the type of taxpayer. The form also outlines rules for claiming tax credits against undisclosed income and includes verification requirements. (Income Tax Notification 30/2025 Dated 07/04/2025)