Income Tax Rules, 1962

DIVISION I – INCOME-TAX RULES

• PART I

PRELIMINARY

1. Short title and commencement………………………………………………………………………. 1.3
2. Definitions…………………………………………………………………………………………………….. 1.3

• PART II

DETERMINATION OF INCOME

A.—Salaries

2A Limits for the purposes of section 10(13A). ……………………………………………………. 1.3
2B. Conditions for the purpose of section 10(5). ………………………………………………….. 1.4
2BA. Guidelines for the purposes of section 10(10C). …………………………………………….. 1.6
2BB. Prescribed allowances for the purposes of clause (14) of section 10. ………………. 1.8
2BBA. Circumstances and conditions for the purposes of clause (19) of
section 10. ……………………………………………………………………………………………………. 1.29
2BBB. Percentage of Government Grant for considering university, hospital,
etc., as substantially financed by the Government for the purposes of
clause (23C) of section 10. …………………………………………………………………………… 1.29
2BC. Amount of annual receipts for the purposes of sub-clauses (iiiad) and
(iiiae) of clause (23C) of section 10……………………………………………………………….. 1.30
2C. Application for the purpose of grant of approval of a fund or trust or
institution or university or any hospital or other medical institution
under clause (i) or clause (ii) or clause (iii) or clause (iv) of first
proviso to clause (23C) of Section 10. …………………………………………………………… 1.30
2D. Guidelines for approval under clause (23F) of section 10. ……………………………. 1.32
2DA. Guidelines for approval under clause (23FA) of section 10. …………………………. 1.34
2DAA. “Conditions for the Venture Capital Fund for the clause (23FB) of
section 10. ……………………………………………………………………………………………………. 1.35
2DB. Other conditions to be satisfied by the pension fund. ………………………………….. 1.36
2DC. Guidelines for notification under clause (23FE) of section 10……………………….. 1.37
2DCA. Computation of minimum investment and exempt income for the
purposes of clause (23FE) of section 10 of the Act………………………………………… 1.37
2DD. Computation of exempt income of specified fund for the purposes of
clause (23FF) of section 10……………………………………………………………………………. 1.44
2E. Guidelines for approval under clause (23G) of section 10. …………………………… 1.45

2F. Guidelines for setting up an Infrastructure Debt Fund for the purpose
of exemption under clause (47) of section 10. ………………………………………………. 1.46
3A. Exemption of medical benefits from perquisite value in respect of
medical treatment of prescribed diseases or ailments in hospitals
approved by the Chief Commissioner. ………………………………………………………… 1.70
3B. Annual accretion referred to in the sub-clause (viia) of clause (2) of
section 17 of the Act. ……………………………………………………………………………………. 1.72

B.—Income from house property

4. Unrealised rent. …………………………………………………………………………………………… 1.73

C.—Profits and gains of business or profession

5. Depreciation………………………………………………………………………………………………… 1.74
5A. [***]……………………………………………………………………………………………………………… 1.77
5AA. Prescribed authority for investment allowance. …………………………………………… 1.77
5AB. [***]……………………………………………………………………………………………………………… 1.77
5AC. Report of audit of accounts to be furnished under section 33AB(2). …………….. 1.77
5AD. Report of audit of accounts to be furnished under section 33ABA(2). ………….. 1.78
5B. Development rebate…………………………………………………………………………………….. 1.78
5C. Guidelines, form and manner in respect of approval under clause (ii)
and clause (iii) of sub-section (1) of section 35. …………………………………………….. 1.78
5CA. Intimation under Fifth Proviso to sub-section (1) of section 35…………………….. 1.80
5D. Conditions subject to which approval is to be granted to a research
association under clause (ii) or clause (iii) of sub-section (1) of section
35. ……………………………………………………………………………………………………………….. 1.81
5E. Conditions subject to which approval is to be granted to a University,

College or other Institution under clause (ii) and clause (iii) of sub-
section (1) of section 35………………………………………………………………………………… 1.83

5F. Prescribed authority, guidelines, form, manner and conditions for
approval under clause (iia) of sub-section (1) of section 35. …………………………. 1.84
5G. Option form for taxation of income from patent under section 115BBF. ………. 1.86
6. Prescribed authority for expenditure on scientific research. ………………………… 1.87
6A. Expenditure for obtaining right to use spectrum forINCOME TAX RULES books

telecommunication services…………………………………………………………………………. 1.91
6AA. [***]……………………………………………………………………………………………………………… 1.92
6AAA. Prescribed authority for the purposes of sections 35CC and 35CCA. …………… 1.92
6AAB. [***]……………………………………………………………………………………………………………… 1.93
6AAC. Prescribed authority for the purposes of section 35CCB………………………………. 1.93

6AAD. Guidelines for approval of agricultural extension project under section
35CCC…………………………………………………………………………………………………………. 1.93
6AAE. Conditions subject to which an agricultural extension project is to be
notified under section 35CCC. …………………………………………………………………….. 1.95
6AAF. Guidelines for approval of skill development project under section
35CCD…………………………………………………………………………………………………………. 1.96
6AAG. Conditions subject to which a skill development project is to be
notified under section 35CCD. …………………………………………………………………….. 1.97
6AAH. Meaning of expressions used in rule 6AAF and rule 6AAG…………………………. 1.98
6AB. Form of audit report for claiming deductions under sections 35D and
35E…………………………………………………………………………………………………………….. 1.101
6ABA. Computation of aggregate average advances for the purposes of
clause (viia) of sub-section (1) of section 36………………………………………………… 1.101
6ABAA. Conditions for the purposes of clause (d) of the Explanation to clause
(viii) of sub-section (1) of section 36 …………………………………………………………… 1.101
6ABB. [***]……………………………………………………………………………………………………………. 1.102
6ABBA. Other electronic modes. …………………………………………………………………………….. 1.102
6ABBB. Form of statement to be furnished regarding preliminary expenses
incurred under section 35D. ………………………………………………………………………. 1.102
6AC. [***]……………………………………………………………………………………………………………. 1.103
6B. [***]……………………………………………………………………………………………………………. 1.103
6C. [***]……………………………………………………………………………………………………………. 1.103
6D. [***]……………………………………………………………………………………………………………. 1.103
6DD. [Cases and circumstances in which a payment or aggregate of
payments exceeding ten thousand rupees may be made to a person in
a day, otherwise than by an account payee cheque drawn on a bank or
account payee bank draft or use of electronic clearing system through
a bank account or through such other electronic mode as prescribed in
rule 6ABBA.]……………………………………………………………………………………………… 1.104
6DDA. Conditions that a stock exchange is required to fulfil to be notified as a
recognised stock exchange for the purposes of clause (d) of proviso to
clause (5) of Section 43……………………………………………………………………………….. 1.107
6DDB. Notification of a recognised stock exchange for the purposes of clause
(d) of proviso to clause (5) of section 43……………………………………………………… 1.108
6DDC. Conditions that a recognised association is required to fulfil to be
notified as a recognised association for the purposes of clause (e) of
the proviso to clause (5) of section 43…………………………………………………………. 1.108

6DDD. Notification of a recognised association for the purposes of clause (e)
of the proviso to clause (5) of section 43. ……………………………………………………. 1.109
6E. Limits of reserve for unexpired risks …………………………………………………………. 1.109
6EA. Categories of bad and doubtful debts for section 43D………………………………… 1.110
6EB. Categories of bad or doubtful debts in the case of a public company
under clause (b) of section 43D. …………………………………………………………………. 1.112

CC.—Books of account

6F. Books of account and other documents to be kept and maintained
under section 44AA(3) by persons carrying on certain professions…………….. 1.112
CCC.—Reports of audit of accounts of persons carrying

on business or profession

6G. Report of audit of accounts to be furnished under section 44AB………………… 1.115

CCCA.—Report of audit in case of income by way of
royalties, etc., in case of non-residents.

6GA. Form of report of audit to be furnished under sub-section (2) of
section 44DA. …………………………………………………………………………………………….. 1.115
CCCB.— Special provisions for computing profits and
gains of business of operation of cruise ships in case of

non-residents.

6GB. Conditions for non-resident, engaged in the business of operation of
cruise ships for section 44BBC……………………………………………………………………. 1.115

CCCC.—Report in the case of slump sale

6H. Form of report of an accountant under sub-section (3) of section 50B. ……….. 1.116

D.—Special cases

7. Income which is partially agricultural and partially from business. …………… 1.116
7A. Income from the manufacture of rubber…………………………………………………….. 1.117
7B. Income from the manufacture of coffee. …………………………………………………….. 1.117
8. Income from the manufacture of tea. …………………………………………………………. 1.118
8A. Conditions for the grant of development allowance…………………………………… 1.118
8AA. Method of determination of period of holding of capital assets in
certain cases. ……………………………………………………………………………………………… 1.119
8AB. Attribution of income taxable under sub-section (4) of section 45 to the
capital assets remaining with the specified entity, under section 48. ………….. 1.120
8AC. Computation of short-term capital gains and written down value
under section 50 where depreciation on goodwill has been obtained…………. 1.121
8AD. Computation of capital gains for the purposes of sub-section (1B) of
section 45. ………………………………………………………………………………………………….. 1.122

8B. Guidelines for notification of zero coupon bond………………………………………… 1.123
8C. Computation of pro-rata amount of discount on a zero coupon bond
for the purpose of clause (iiia) of sub-section (1) of section 36. …………………… 1.126
8D. Method for determining amount of expenditure in relation to income
not includible in total income…………………………………………………………………….. 1.126
9. Royalties or copyright fees, etc., for literary or artistic work. ……………………… 1.127
9A. Deduction in respect of expenditure on production of feature films. …………. 1.128
9B. Deduction in respect of expenditure on acquisition of distribution
rights of feature films. ……………………………………………………………………………….. 1.131
9C. Conditions for carrying forward or set off of accumulated loss and
unabsorbed depreciation allowance in case of amalgamation. …………………… 1.133
9D. Calculation of taxable interest relating to contribution in a provident
fund or recognised provided fund, exceeding specified limit…………………….. 1.134
10. Determination of income in the case of non-residents………………………………… 1.134
10A. Meaning of expressions used in computation of arm’s length price. ………….. 1.135
10AB. Other method of determination of arm’s length price………………………………… 1.136
10B. Determination of arm’s length price under section 92C……………………………… 1.136
10C. Most appropriate method. …………………………………………………………………………. 1.141
10CA. Computation of arm’s length price in certain cases. …………………………………… 1.142
10CB. Computation of interest income pursuant to secondary adjustments…………. 1.148
10D. Information and documents to be kept and maintained under section
92D. …………………………………………………………………………………………………………… 1.149
10DA. [Maintenance and furnishing of information and document by certain
person under section 92D.]………………………………………………………………………… 1.154
10DB. Furnishing of Report in respect of an International Group…………………………. 1.157
10E. Report from an accountant to be furnished under section 92E. ………………….. 1.158
10F. Meaning of expressions used in matters in respect of advance pricing
agreement………………………………………………………………………………………………….. 1.158
10G. Persons eligible to apply. …………………………………………………………………………… 1.159
10H. Pre-filing consultation. ………………………………………………………………………………. 1.159
10-I. Application for advance pricing agreement……………………………………………….. 1.160
10J. Withdrawal of application for agreement. …………………………………………………. 1.160
10K. Preliminary processing of application. ………………………………………………………. 1.161
10L. Procedure. …………………………………………………………………………………………………. 1.161
10M. Terms of the agreement……………………………………………………………………………… 1.162
10MA. Roll Back of the Agreement. ………………………………………………………………………. 1.163
10N. Amendments to Application. …………………………………………………………………….. 1.164

10-O. Furnishing of Annual Compliance Report. ………………………………………………… 1.164
10P. Compliance Audit of the agreement. …………………………………………………………. 1.164
10Q. Revision of an agreement…………………………………………………………………………… 1.165
10R. Cancellation of an agreement…………………………………………………………………….. 1.166
10RA. Procedure for giving effect to rollback provision of an Agreement…………….. 1.166
10RB. Relief in tax payable under sub-section (1) of section 115JB due to
operation of sub-section (2D) of section 115JB……………………………………………. 1.167
10S. Renewing an agreement…………………………………………………………………………….. 1.168
10T. Miscellaneous. …………………………………………………………………………………………… 1.168

Safe Harbour Rules for International Transactions

10TA. Definitions…………………………………………………………………………………………………. 1.168
10TB. Eligible assessee…………………………………………………………………………………………. 1.174
10TC. Eligible international transaction……………………………………………………………….. 1.176
10TD. Safe Harbour……………………………………………………………………………………………… 1.177
10TE. Procedure. …………………………………………………………………………………………………. 1.184
10TF. Safe harbour rules not to apply in certain cases. ………………………………………… 1.187
10TG. Mutual Agreement Procedure not to apply. ………………………………………………. 1.187

DC—Safe Harbour Rules for Specified Domestic

Transactions

10TH. Definitions…………………………………………………………………………………………………. 1.187
10THA. Eligible assessee…………………………………………………………………………………………. 1.188
10THB. Eligible specified domestic transaction………………………………………………………. 1.188
10THC. Safe Harbour……………………………………………………………………………………………… 1.188
10THD. Procedure. …………………………………………………………………………………………………. 1.189

DCA. — Safe Harbour Rules for income referred to in
clause (i) of section 9(1) chargeable to tax under the head
“Profits and gains of business or profession”

10TI. Definitions…………………………………………………………………………………………………. 1.191
10TIA. Safe Harbour……………………………………………………………………………………………… 1.192
10TIB. Procedure ………………………………………………………………………………………………….. 1.192
10TIC. Mutual Agreement Procedure not to apply. ………………………………………………. 1.193

DA. Application of General Anti Avoidance Rule

10U. Chapter X-A not to apply in certain cases. …………………………………………………. 1.193
10UA. Determination of consequences of impermissible avoidance
arrangement………………………………………………………………………………………………. 1.194
10UB. Notice, Forms for reference under section 144BA. ……………………………………… 1.194
10UC. Time limits. ……………………………………………………………………………………………….. 1.195

DE.- Approving Panel

10UD. Reference to the Approving Panel. …………………………………………………………….. 1.195
10UE. Procedure before the Approving Panel………………………………………………………. 1.196
10UF. Remuneration. …………………………………………………………………………………………… 1.196
10V. Guidelines for application of section 9A…………………………………………………….. 1.196
10VA. Approval of the fund. ………………………………………………………………………………… 1.199
10VB. Statement to be furnished by the fund. ………………………………………………………. 1.201
11. [***]……………………………………………………………………………………………………………. 1.201

E.—Deductions to be made in computing total income

11A. Medical authority for certifying autism, cerebral palsy and multiple
disabilities and certificate to be obtained from the medical authority
for the purposes of deduction under section 80DD and section 80U. …………. 1.201
11AA. Requirement for approval of institution of fund under clause (vi) of
sub-section (5) of section 80G. ……………………………………………………………………. 1.202
11B. Conditions for allowance for deduction under section 80GG. ……………………. 1.205
11C. Prescribed fields for the purposes of deduction in respect of
remuneration received from foreign employers or Indian concerns
under section 80RRA. ………………………………………………………………………………… 1.205
11D. [***]……………………………………………………………………………………………………………. 1.205
11DD. Specified diseases and ailments for the purposes of deduction under
section 80DDB. ………………………………………………………………………………………….. 1.206
11E. [***]……………………………………………………………………………………………………………. 1.208
11EA. Guidelines for specifying industrially backward districts for the
purpose of deduction under [sub-section (5) of section 80-IB]……………………. 1.208
EE. Statement under the simplified procedure for taxation
of retail traders, etc., under Chapter XII-C.

11EE. [***]]…………………………………………………………………………………………………………… 1.209

F.—National Committee for Promotion of Social and

Economic Welfare

11F. General. …………………………………………………………………………………………………….. 1.209
11G. Composition of National Committee. ………………………………………………………… 1.209
11H. Headquarters and Secretariat…………………………………………………………………….. 1.210
11-I. Functions. ………………………………………………………………………………………………….. 1.210
11J. Guidelines for approval of associations and institutions. …………………………… 1.210
11K. Guidelines for recommending projects or schemes. …………………………………… 1.210
11L. Application for approval of an association or institution or for
recommendation of a project or scheme by the National Committee. ………… 1.212

11M. Procedure before the National Committee…………………………………………………. 1.213
11MA. Form of report by an approved association or institution under clause
(ii) of sub-section (4) of section 35AC…………………………………………………………. 1.214
11MAA. Form of report by public sector company or local authority or
association or institution, which is carrying out a notified eligible
project or scheme, under clause (ii) of sub-section (5) of section 35AC……….. 1.214
11N. Other provisions………………………………………………………………………………………… 1.214
11-O. Certificate of payment of expenditure in respect of eligible projects or
schemes notified under section 35AC. ……………………………………………………….. 1.217
11-OA. Guidelines for notification of affordable housing project as specified
business under section 35AD. ……………………………………………………………………. 1.217
11-OB. Guidelines for notification of a semiconductor wafer fabrication
manufacturing unit as specified business under section 35AD…………………… 1.220
G.—Tonnage tax scheme for shipping companies

11P. Application for exercising or renewing the option for tonnage tax
scheme. ……………………………………………………………………………………………………… 1.221
11Q. Computation of deemed tonnage. ……………………………………………………………… 1.222
11R. Incidental activities for purposes of relevant shipping income…………………… 1.222
11S. Computation of average of net tonnage for charter-in of tonnage………………. 1.222
11T. Form of report of an accountant under clause (ii) of section 115VW…………… 1.222

H.—Determination of fair market value of the property

other than immovable property

11U. Meaning of expressions used in determination of fair market value. …………. 1.223
11UA. Determination of fair market value. …………………………………………………………… 1.224
11UAA. Determination of Fair Market Value for share other than quoted share……… 1.230
11UAB. Determination of fair market value for inventory………………………………………. 1.230
11UAC. Prescribed class of persons for the purpose of clause (xi) of the proviso
to clause (x) of sub-section (2) of section 56………………………………………………… 1.231

11UACA Computation of income chargeable to tax under clause (xiii) of sub-
section (2) of section 56………………………………………………………………………………. 1.233

11UAD. Prescribed class of persons for the purpose of section 50CA………………………. 1.234
11UAE. Computation of Fair Market Value of Capital Assets for the purposes
of section 50B of the Income-tax Act. …………………………………………………………. 1.235
I- Determination of value of assets and apportionment of

income in certain cases.

11UB. Fair market value of assets in certain cases. ……………………………………………….. 1.236
11UC. Determination of Income attributable to assets in India……………………………… 1.240

11UD. Thresholds for the purposes of significant economic presence. ………………….. 1.241

J – Indirect transfer prior to 28th May, 2012 of assets

situate in India

11UE. Specified conditions under Explanation to fifth and sixth proviso to
Explanation 5 to clause (i) of sub-section (1) of section 9. ……………………………… 1.241
11UF. Manner of furnishing undertaking under rule 11UE………………………………….. 1.243

PART III
ASSESSMENT PROCEDURE

12. Return of income and return of fringe benefits. …………………………………………. 1.247
12A. Preparation of return by authorised representative……………………………………. 1.259
12AA. Prescribed person for the purposes of clause (c) and clause (cd) of
section 140. ………………………………………………………………………………………………… 1.259
12AB. Conditions for furnishing return of income by persons referred to in
clause (b) of sub-section (1) of section 139………………………………………………….. 1.259
12AC. Updated return of income. ………………………………………………………………………… 1.260
12AD. Return of income under section 170A. ……………………………………………………….. 1.261
12B. [***]……………………………………………………………………………………………………………. 1.262
12BA. [***]……………………………………………………………………………………………………………. 1.262
12C. Statement under sub-section (2) of section 115U………………………………………… 1.262
12CA. Statement under sub-section (4) of section 115UA……………………………………… 1.263
12CB. Statement under sub-section (7) of section 115UB. …………………………………….. 1.264
12CC. Statement under sub-section (4) of section 115TCA……………………………………. 1.265
12D. Prescribed income-tax authority under section 133C. ………………………………… 1.266
12E. Prescribed authority under sub-section (2) of section 143…………………………… 1.266
12F. Prescribed income-tax authority under second proviso to clause (i) of
sub-section (1) of section 142. …………………………………………………………………….. 1.266
13. Procedure to requisition services under sub-section (2) and to make a
reference under subsection (9D) of section 132…………………………………………… 1.267
13A. Valuation under sub-section (9D) of section 132. ……………………………………….. 1.268
14. Form of verification under section 142……………………………………………………….. 1.268
14A. Forms for report of audit or inventory valuation under section

142(2A)………………………………………………………………………………………………………. 1.269
14B. Guidelines for the purposes of determining expenses for audit or
inventory valuation. ………………………………………………………………………………….. 1.269
14C. Prescribed manner of authentication of an electronic record under

electronic verification code under sub-clause (b) of clause (i) of sub-
section (7) of section 144B. …………………………………………………………………………. 1.270

15. Notice of demand for regular assessment, etc. …………………………………………… 1.270

• PART IIIA

AVOIDANCE OF REPETITIVE APPEALS

15A. Declaration under section 158A. ………………………………………………………………… 1.271
16. Application under section 158AB to defer filing of appeal before the
Appellate Tribunal or the jurisdictional High Court. …………………………………. 1.271

• PART IV

TAX EXEMPTIONS [AND RELIEFS]

16A. Prescribed authority for approving any institution or body established
for scientific research. ………………………………………………………………………………… 1.271
16B. Prescribed authority for the purposes of clauses (8A) and (8B) of
section 10. ………………………………………………………………………………………………….. 1.272
16C. Requirements for approval of a fund under section 10(23AAA). ……………….. 1.272
16CC. Form of report of audit prescribed under tenth proviso to section
10(23C)………………………………………………………………………………………………………. 1.272
16D. Form of report for claiming deduction under section 10AA……………………….. 1.273
16DD. Form of particulars to be furnished along with return of income for
claiming deduction under clause (b) of sub-section (1B) of section 10A……… 1.273
16E. [***]……………………………………………………………………………………………………………. 1.273
16F. [***]……………………………………………………………………………………………………………. 1.273
17. Exercise of option, etc., under Explanation 3 to the third proviso to
clause (23C) of section 10 or section 11. ……………………………………………………… 1.274
17A. Application for registration of charitable or religious trusts, etc…………………. 1.275
17AA. Books of account and other documents to be kept and maintained. …………… 1.278
17B. Audit report in the case of charitable or religious trusts, etc. ……………………… 1.283
17C. Forms or modes of investment or deposits by a charitable or religious
trust or institution. …………………………………………………………………………………….. 1.283
17CA. Functions of electoral trusts……………………………………………………………………….. 1.285
17CB. Method of valuation for the purposes of sub-section (2) of section
115TD………………………………………………………………………………………………………… 1.287
17D. Prescribed foreign projects for the purposes of deduction in respect of
profits and gains from projects outside India under section 80HHB…………… 1.290

18. [***]……………………………………………………………………………………………………………. 1.291
18A. [***]……………………………………………………………………………………………………………. 1.291
18AA. [***]……………………………………………………………………………………………………………. 1.291
18AAA. Prescribed Authority for approval of a university or any educational
institution of national eminence for the purpose of section 80G. ………………… 1.291
18AAAA. Prescribed authority for the purpose of receiving separate accounts
from trusts or funds or institutions for providing relief to the victims
of earthquake in Gujarat…………………………………………………………………………….. 1.291
18AAAAA. Guidelines for specifying an association or institution for the purposes
of notification under clause (c) of sub-section (2) of section 80G. ……………….. 1.292
18AB. Furnishing of Statement of particulars and certificate under clause

(viii) and clause (ix) of sub-section (5) of section 80G or under sub-
section (1A) of section 35……………………………………………………………………………. 1.292

18AAB. Prescribed authority for approval of companies engaged in Scientific
and Industrial Research and Development for the purposes of section
80-IA………………………………………………………………………………………………………….. 1.294
18B. [***]……………………………………………………………………………………………………………. 1.294
18BB. [***]……………………………………………………………………………………………………………. 1.294
18BBA. [***]……………………………………………………………………………………………………………. 1.294
18BBC. Prescribed authority for approval of hotels located in certain areas. ………….. 1.296
18BBD. Prescribed authority for approval of companies carrying on scientific
and industrial research and development. …………………………………………………. 1.296
18BBE. Computation of profits of certain activities forming integral part of a
highway project for the purpose of section 80-IA. ……………………………………… 1.296
18C. Eligibility of Industrial Parks for benefits under section 80-IA(4)(iii). ………… 1.297
18D. Prescribed authority for approval of companies carrying on scientific
research and development…………………………………………………………………………. 1.297
18DA. Prescribed conditions for deduction under sub-section (8A) of section
80-IB. …………………………………………………………………………………………………………. 1.298
18DB. Prescribed area, facilities and amenities for multiplex theatres and
particulars of audit report, for deduction under sub-section (7A) and
clause (da) of sub-section (14) of section 80-IB……………………………………………. 1.299

18DC. Prescribed area, facilities and amenities for convention centres and
particulars of audit report, for deduction under sub-section (7B) and
clause (aa) of sub-section (14) of section 80-IB. …………………………………………… 1.300
18DD. [***]……………………………………………………………………………………………………………. 1.301
18DDA. [***]……………………………………………………………………………………………………………. 1.301
18DE. Prescribed area, minimum seating capacity, facilities and amenities for
convention centres; minimum number of convention halls in the
convention centres; and particulars of audit report, for deduction
under section 80-ID……………………………………………………………………………………. 1.301
19. [***]……………………………………………………………………………………………………………. 1.302
19A. [***]……………………………………………………………………………………………………………. 1.302
19AB. Form of report for claiming deduction under section 80JJAA…………………….. 1.302
19AC. Form of certificate to be furnished under sub-section (3) of section
80QQB……………………………………………………………………………………………………….. 1.302
19AD. Prescribed authority for the purposes of sub-section (2) of section
80RRB and Form of certificate to be furnished by assessee…………………………. 1.303
19AE. Report of the accountant under sub-section (3) of section 80LA…………………. 1.303
20. Guidelines for approval [under clause (xix) of sub-section (2) of
section 80C or] under clause (xvi) of sub-section (2) of section 88. ……………… 1.303
20A. Guidelines for approval [under clause (xx) of sub-section (2) of section
80C or] under clause (xvii) of sub-section (2) of section 88. ………………………… 1.304
20AB. [***]……………………………………………………………………………………………………………. 1.305
21. [***]……………………………………………………………………………………………………………. 1.305
21A. Relief when salary is paid in arrears or in advance, etc………………………………. 1.305
21AA. Furnishing of particulars for claiming relief under [section 89]. …………………. 1.309
21AAA. Taxation of income from retirement benefit account maintained in a
notified country. ………………………………………………………………………………………… 1.310
21AB. Certificate for claiming relief under an agreement referred to in
sections 90 and 90A……………………………………………………………………………………. 1.311
21AC Furnishing of authorisation and maintenance of documents, etc., for
the purposes of section 94A……………………………………………………………………….. 1.312

21ACA. Conditions and activities for the Finance Company located in any
International Financial Services Centre for section 94B………………………………. 1.313
21AD. Exercise of option under sub-section (4) of section 115BA………………………….. 1.313
21AE. Exercise of option under sub-section (5) of section 115BAA……………………….. 1.314
21AF. Exercise of option under sub-section (7) of section 115BAB. ………………………. 1.314
21AG. Exercise of option under sub-section (5) of section 115BAC……………………….. 1.315
21AGA. Exercise of option under sub-section (6) of section 115BAC……………………….. 1.315
21AH. Exercise of option under sub-section (5) of section 115BAD……………………….. 1.316
21AHA. Exercise of option under sub-section (5) of section 115BAE. ………………………. 1.316
21AI. Computation of exempt income of specified fund for the purposes of
clause (4D) of section 10. ……………………………………………………………………………. 1.317
21AIA. Other conditions required to be fulfilled by a specified fund referred
to in clause (4D) of section 10 of the Act. ……………………………………………………. 1.318
21AJ. Determination of income of a specified fund attributable to units held
by non-residents under sub-section (1A) of section 115AD. ……………………….. 1.320
21AJA. Computation of exempt income of specified fund, attributable to the
investment division of an offshore banking unit, for the purposes of
clause (4D) of section 10 of the Act. ……………………………………………………………. 1.321
21AJAA. Determination of income of a specified fund attributable to the
investment division of an offshore banking unit under sub-section
(1B) of section 115AD of the Act ………………………………………………………………… 1.323
21AK. Conditions for the purpose of clause (4E) of section 10………………………………. 1.325
21AL. Other Conditions required to be fulfilled by the original fund. ………………….. 1.326
21B. [***]……………………………………………………………………………………………………………. 1.327

• PART V

  REGISTRATION OF FIRMS

22. Application for registration of a firm. ………………………………………………………… 1.327
23. Intimation regarding subsequent changes in constitution, etc. …………………… 1.328
24. Declaration for continuation of registration……………………………………………….. 1.328
24A. Communication regarding partner who is a benamidar…………………………….. 1.328
25. Certificate of registration. ………………………………………………………………………….. 1.329

• PART VI

DEDUCTION OF TAX AT SOURCE

26. Rate of exchange for the purpose of deduction of tax at source on
income payable in foreign currency. ………………………………………………………….. 1.329
26A. Furnishing of particulars of income under the head ‘Salaries’……………………. 1.330
26B. Statement of particulars of income under heads of income other than
“Salaries” or details of tax deducted at source or tax collected at
source………………………………………………………………………………………………………… 1.330
26C. Furnishing of evidence of claims by employee for deduction of tax
under section 192. ……………………………………………………………………………………… 1.331
26D. Furnishing of declaration and evidence of claims by specified senior
citizen under section 194P………………………………………………………………………….. 1.331
27. Prescribed arrangements for declaration and payment of dividends
within India……………………………………………………………………………………………….. 1.332
28. Application for grant of certificates for deduction of income-tax at any
lower rates or no deduction of income-tax…………………………………………………. 1.332
28A. [***]……………………………………………………………………………………………………………. 1.333
28AA. Certificate for deduction at lower rates or no deduction of tax from
income other than dividends……………………………………………………………………… 1.333
28AB. Certificate of no deduction of tax in case of certain entities………………………… 1.335
29. Certificate of no deduction of tax or deduction at lower rates from
dividends…………………………………………………………………………………………………… 1.336
29A. Form of certificate to be furnished along with the return of income
under sub-section (4) of section 80QQB, sections 80R, 80RR and
80RRA, and sub-section (3) of section 80RRB and the prescribed
authority for the purposes of sub-section (4) of section 80QQB and
sub-section (3) of section 80RRB. ……………………………………………………………….. 1.337
29AA. [***]……………………………………………………………………………………………………………. 1.337
29B. Application for certificate authorising receipt of interest and other
sums without deduction of tax. …………………………………………………………………. 1.337
29BA. Application for grant of certificate for determination of appropriate
proportion of sum (other than Salary), payable to non-resident,
chargeable in case of the recipients. …………………………………………………………… 1.339
29C. Declaration by person claiming receipt of certain incomes without
deduction of tax…………………………………………………………………………………………. 1.340
29D. [***]……………………………………………………………………………………………………………. 1.341
30. Time and mode of payment to Government account of tax deducted at
source or tax paid under sub-section (1A) of section 192. …………………………… 1.342

30A. [***]……………………………………………………………………………………………………………. 1.346
31. Certificate of tax deducted at source to be furnished under section 203……… 1.348
31A. Statement of deduction of tax under sub-section (3) of section 200…………….. 1.351
31AA. Statement of collection of tax under proviso to sub-section (3) of
section 206C. ……………………………………………………………………………………………… 1.358
31AB [***]……………………………………………………………………………………………………………. 1.361
31AC. Maintenance of particulars of time deposits by a banking company for
furnishing quarterly return under section 206A…………………………………………. 1.362
31ACA. Quarterly return under section 206A. ………………………………………………………… 1.362
31ACB. Form for furnishing certificate of accountant under the first proviso to
sub-section (1) of section 201. …………………………………………………………………….. 1.363
32. [***]……………………………………………………………………………………………………………. 1.363
34. [***]……………………………………………………………………………………………………………. 1.364
35. [***]……………………………………………………………………………………………………………. 1.364
36. Prescribed persons for section 206……………………………………………………………… 1.364
36A. Prescribed authority for purposes of section 206………………………………………… 1.365
37. [***]……………………………………………………………………………………………………………. 1.366
37A. [***]……………………………………………………………………………………………………………. 1.366
37AA. [***]……………………………………………………………………………………………………………. 1.367
37B. Returns regarding tax deducted at source on computer media under
sub-section (2) of section 206. …………………………………………………………………….. 1.367
37BA. Credit for tax deducted at source for the purposes of section 199. ……………… 1.368
37BB. Furnishing of information for payment to a non-resident, not being a
company, or to a foreign company. ……………………………………………………………. 1.369
37BC. Relaxation from deduction of tax at higher rate under section 206AA. ………. 1.374

• PART VIA

COLLECTION OF TAX AT SOURCE

37C. Declaration by a buyer for no collection of tax at source under section
206C(1A)……………………………………………………………………………………………………. 1.375
37CA. Time and mode of payment to Government account of tax collected at
source under section 206C. ………………………………………………………………………… 1.375
37CB. Class or classes of buyers to whom provisions of sub-section (1D) of
section 206C shall not apply. ……………………………………………………………………… 1.377
37D. Certificate of tax collected at source under section 206C(5)………………………… 1.377
37E. [***]……………………………………………………………………………………………………………. 1.378

37EA. Returns regarding tax collected at source on computer media under
sub-section (5B) of section 206C…………………………………………………………………. 1.379
37F. [***]……………………………………………………………………………………………………………. 1.379
37G. Application for certificate for collection of tax at lower rates under
sub-section (9) of section 206C. ………………………………………………………………….. 1.380

37H. Certificate for collection of tax at lower rates from buyer under sub-
section (9) of section 206C………………………………………………………………………….. 1.380

37-I. Credit for tax collected at source for the purposes of sub-section (4) of
section 206C. ……………………………………………………………………………………………… 1.381

PART VII

PAYMENT OF ADVANCE TAX

38. Notice of demand. Payment of advance tax……………………………………………….. 1.383
38A. [***]……………………………………………………………………………………………………………. 1.383
39. Estimate of advance tax……………………………………………………………………………… 1.383
40. Waiver of interest. ……………………………………………………………………………………… 1.383

• PART- VIIA

TAX CREDIT

40A. [***]……………………………………………………………………………………………………………. 1.384

• PART- VIIB

SPECIAL PROVISION FOR PAYMENT OF TAX

40B. Special provision for payment of tax by certain companies. ………………………. 1.384
40BA. Special provisions for payment of tax by certain persons other than a
company. …………………………………………………………………………………………………… 1.384

• PART VII-BA

SPECIAL PROVISIONS RELATING TO TAX ON
DISTRIBUTED INCOME OF DOMESTIC
COMPANY FOR BUY-BACK OF SHARES

40BB. Amount received by the company in respect of issue of share. ………………….. 1.384

• PART VII-C

  FRINGE BENEFIT TAX

40C. Valuation of specified security or sweat equity share being a share in
the company………………………………………………………………………………………………. 1.386
40D. Valuation of specified security not being an equity share in the
company. …………………………………………………………………………………………………… 1.387
40E. Prescribed conditions for the purposes of sub-clause (iii) of clause (B)
of sub-section (2) of section 115WB. …………………………………………………………… 1.388
40F. Provisions not to apply after a certain date………………………………………………… 1.388
40G. Refund claim under section 239A………………………………………………………………. 1.388

• PART VIII

  REFUNDS

41. Refund claim……………………………………………………………………………………………… 1.389

• PART IX

TAX CLEARANCE CERTIFICATES

42. Prescribed authority for tax clearance certificates. Tax clearance
certificates………………………………………………………………………………………………….. 1.389
43. Forms and certificates for the purpose of sub-sections (1) and (1A) of
section 230. ………………………………………………………………………………………………… 1.390
44. Production of certificate. ……………………………………………………………………………. 1.390
44A. [***]……………………………………………………………………………………………………………. 1.390
44B. Grant of tax clearance certificate or refusal. ……………………………………………….. 1.390

• PART IX-A

  SETTLEMENT OF CASES

44C. Form of application for settlement of case [and intimation to the
Assessing Officer] ……………………………………………………………………………………… 1.391
44CA. Disclosure of information in the application for settlement of cases …………… 1.391
44D. Fee for furnishing copy of report. ………………………………………………………………. 1.392
44DA. Exercise of option under sub-section (1) of section 245M and
intimation thereof………………………………………………………………………………………. 1.392

• PART IX-AA

DISPUTE RESOLUTION COMMITTEE

44DAA. Constitution of Dispute Resolution Committee………………………………………….. 1.393
44DAB. Application for resolution of dispute before the Dispute Resolution
Committee…………………………………………………………………………………………………. 1.393
44DAC. Power to reduce or waive penalty imposable or grant immunity from
prosecution or both under the Act……………………………………………………………… 1.393
44DAD. Definitions…………………………………………………………………………………………………. 1.394

• PART IX-B

  ADVANCE RULINGS

44E. Application for obtaining an advance ruling. …………………………………………….. 1.395
44F. Certification of copies of the advance rulings pronounced by the
[Board]. ……………………………………………………………………………………………………… 1.400
44FA. Form and manner of filing appeal to the High Court on ruling
pronounced or order passed by the Board for Advance Rulings under
sub-section (1) of section 245W. …………………………………………………………………. 1.400

• PART IX-C

MUTUAL AGREEMENT PROCEDURE

44G. Application seeking to give effect to the terms of any agreement under
clause (h) of sub-section (2) of section 295 and the procedure for
giving effect to the decision under the Agreement. ……………………………………. 1.400
44GA. Procedure to deal with requests for bilateral or multilateral advance
pricing agreements…………………………………………………………………………………….. 1.402
44H [***]……………………………………………………………………………………………………………. 1.403

• PART X

  APPEALS

45. Form of appeal to [Joint Commissioner (Appeals) or Commissioner
(Appeals)]………………………………………………………………………………………………….. 1.403
46. Mode of service. ………………………………………………………………………………………… 1.404
46A. Production of additional evidence before the [[Joint Commissioner]
(Appeals)] [and footnote shift at back pg)]…………………………………………………. 1.404
47. Form of appeal and memorandum of cross-objections to Appellate
Tribunal. ……………………………………………………………………………………………………. 1.406
48 [***]……………………………………………………………………………………………………………. 1.406

• PART XA

  ANNUITY DEPOSITS

48A. [Omitted by the IT (Fifth Amendment) Rules, 1989, w.e.f. 18-5-1989]…………. 1.407
48B. [Omitted by the IT (Fifth Amendment) Rules, 1989, w.e.f. 18-5-1989]…………. 1.407
48C. [Omitted by the IT (Fifth Amendment) Rules, 1989, w.e.f. 18-5-1989]…………. 1.407

• PART XB

ACQUISITION OF IMMOVABLE PROPERTIES

UNDER CHAPTER XX-A

48D. Jurisdiction of competent authorities. ………………………………………………………… 1.407
48DD. Statement to be registered with the competent authority under section
269AB………………………………………………………………………………………………………… 1.407
48E. Manner of publication of notice for acquisition………………………………………….. 1.408
48F. Form of appeal to the Appellate Tribunal. …………………………………………………. 1.408
48G. Statement to be furnished in respect of transfers of immovable

property…………………………………………………………………………………………………….. 1.408
48H. Form of fortnightly return to be forwarded by registering officer to the
competent authority…………………………………………………………………………………… 1.408

• PART X-C

PURCHASE OF IMMOVABLE PROPERTIES
UNDER CHAPTER XX-C
48-I. Rate of interest for determination of discounted value of

consideration……………………………………………………………………………………………… 1.408

48J. Jurisdiction of appropriate authority. ………………………………………………………… 1.409
48K. Value of immovable property. …………………………………………………………………… 1.409
48L. Statement to be furnished under section 269UC(3)…………………………………….. 1.410

• PART XI

AUTHORISED REPRESENTATIVES

49. Definitions…………………………………………………………………………………………………. 1.410
50. Accountancy examinations recognised………………………………………………………. 1.410
51. Educational qualifications prescribed………………………………………………………… 1.411
51A. Nature of business relationship. ………………………………………………………………… 1.412
51B. Appearance by Authorised Representative in certain cases. ………………………. 1.412
52. Prescribed authority for section 288(5)(b)…………………………………………………… 1.412
53. Register of income-tax practitioners…………………………………………………………… 1.412
54. Application for registration. ………………………………………………………………………. 1.413
55. Certificate of registration. ………………………………………………………………………….. 1.413
56. Cancellation of certificate…………………………………………………………………………… 1.413
57. Cancellation of certificate obtained by misrepresentation. …………………………. 1.414
58. Removal of name of authorised income-tax practitioner who is
insolvent or on whom penalty has been imposed………………………………………. 1.414
59. Prescribed authority to order an inquiry. …………………………………………………… 1.414
60. Charge-sheet. …………………………………………………………………………………………….. 1.414
61. Inquiry Officer. ………………………………………………………………………………………….. 1.414
62. Proceedings before Inquiry Officer. …………………………………………………………… 1.414
63. Order of the prescribed authority………………………………………………………………. 1.415
64. Procedure if no Inquiry Officer appointed. ………………………………………………… 1.415
65. Change of Inquiry Officer. …………………………………………………………………………. 1.415
66. Powers of prescribed authority and Inquiry Officer…………………………………… 1.415

• PART XII

RECOGNISED PROVIDENT FUNDS

67. Investment of fund moneys……………………………………………………………………….. 1.416
67A. Nomination. ………………………………………………………………………………………………. 1.424
68. Circumstances in which withdrawals may be permitted……………………………. 1.425
69. Conditions for withdrawal for various purposes. ………………………………………. 1.428
70. Second withdrawal. …………………………………………………………………………………… 1.431
71. Repayment of amounts withdrawn……………………………………………………………. 1.432

71A. Certain rules not to apply. …………………………………………………………………………. 1.433
72. Amount withdrawn but not repaid may be deemed as income………………….. 1.433
73. Withdrawal within twelve months before retirement. ……………………………….. 1.434
74. Accounts……………………………………………………………………………………………………. 1.434
75. Limits for contributions……………………………………………………………………………… 1.435
76. Penalty for assigning or creating a charge on beneficial interest. ……………….. 1.435
77. Application for recognition. ………………………………………………………………………. 1.435
78. Order of recognition. …………………………………………………………………………………. 1.437
79. Withdrawal of recognition…………………………………………………………………………. 1.437
80. Exemption from tax when recognition withdrawn…………………………………….. 1.437
81. Appeal. ……………………………………………………………………………………………………… 1.437

• PART XIII

APPROVED SUPERANNUATION FUNDS

82. Definitions…………………………………………………………………………………………………. 1.438
83. Establishment of fund and trust…………………………………………………………………. 1.438
84. Conditions regarding trustees……………………………………………………………………. 1.438
85 Investment of fund moneys……………………………………………………………………….. 1.438
86. Admission of directors to a fund. ………………………………………………………………. 1.438
87. Ordinary annual contributions. …………………………………………………………………. 1.439
88. Initial contributions. ………………………………………………………………………………….. 1.439
89. Scheme of insurance or annuity. ………………………………………………………………… 1.439
90. Commutation of annuity……………………………………………………………………………. 1.440
91. Beneficiary not to have any interest in insurance and employer not to
have any interest in fund’s moneys……………………………………………………………. 1.440
92. Penalty if employee assigns or charges interest in fund……………………………… 1.440
93. Arrangements on winding up, etc., of business. ………………………………………… 1.441
94. Arrangements for winding up, etc., of fund. ……………………………………………… 1.441
95. Application for approval……………………………………………………………………………. 1.441
96. Amendment of rules, etc., of fund. …………………………………………………………….. 1.441
97. Appeal. ……………………………………………………………………………………………………… 1.441

• PART XIV

  GRATUITY FUNDS

98. Definitions…………………………………………………………………………………………………. 1.442
99. Establishment of fund and trust…………………………………………………………………. 1.442

100. Conditions regarding trustees……………………………………………………………………. 1.442
101. Investment of fund moneys……………………………………………………………………….. 1.442
101A. Nomination. ………………………………………………………………………………………………. 1.443
102. Admission of directors to a fund. ………………………………………………………………. 1.443
103. Ordinary annual contributions. …………………………………………………………………. 1.444
104. Initial contributions. ………………………………………………………………………………….. 1.444
105. Penalty if employee assigns or charges interest in fund……………………………… 1.444
106. Employer not to have interest in fund moneys…………………………………………… 1.444
107. Arrangements for winding up, etc., of business…………………………………………. 1.444
108. Arrangements for winding up of the fund…………………………………………………. 1.445
109. Application for approval……………………………………………………………………………. 1.445
110. Amendment of rules, etc., of fund. …………………………………………………………….. 1.445
111. Appeal. ……………………………………………………………………………………………………… 1.445

• PART XV

  MISCELLANEOUS

111A. [***]……………………………………………………………………………………………………………. 1.445
111AA. Conditions for reference to Valuation Officers. ………………………………………….. 1.446
111AB. Form of report of valuation by registered valuer. ………………………………………. 1.446
111B. Publication and circulation of Board’s order………………………………………………. 1.446
112. Search and seizure. ……………………………………………………………………………………. 1.446
112A. Inquiry under section 132. …………………………………………………………………………. 1.451
112B. Release of articles under section 132(5)………………………………………………………. 1.452
112C. Release of remaining assets ……………………………………………………………………….. 1.452
112D. Requisition of books of account, etc. ………………………………………………………….. 1.452
112E. Form of information under section 133B(1)………………………………………………… 1.453
112F. Class or Classes of cases in which the Assessing Officer shall not be
required to issue notice for assessment or reassessment of the total
income for six assessment years immediately preceding the
assessment year. ………………………………………………………………………………………… 1.453
113. Disclosure of information respecting assessees. …………………………………………. 1.454
114. Application for allotment of a permanent account number………………………… 1.454
114A. Application for allotment of a tax deduction and collection account
number………………………………………………………………………………………………………. 1.464
114AA. Application for allotment of a tax collection account number…………………….. 1.465

114AAA. Manner of making permanent account number inoperative. ……………………… 1.465
114AAB. Class or classes of person to whom provisions of section 139A shall
not apply……………………………………………………………………………………………………. 1.467
114B. Transactions in relation to which permanent account number is to be
quoted in all documents for the purpose of clause (c) of sub-section (5)
of section 139A…………………………………………………………………………………………… 1.469
114BA. Transactions for the purposes of clause (vii) of sub-section (1) of
section 139A. ……………………………………………………………………………………………… 1.474
114BB. Transactions for the purposes of sub-section (6A) of section 139A and
prescribed person for the purposes of clause (ab) of Explanation to
section 139A. ……………………………………………………………………………………………… 1.475
114C. Verification of Permanent Account Number in transactions specified
in rule 114B………………………………………………………………………………………………… 1.477
114D. Time and manner in which persons referred to in rule 114C shall
furnish a statement containing particulars of Form No. 60…………………………. 1.479
114DA. Furnishing of annual statement by a non-resident having liaison office
in India………………………………………………………………………………………………………. 1.480
114DB. Information or documents to be furnished under section 285A………………….. 1.481
114E. Furnishing of statement of financial transaction. ……………………………………….. 1.482
114F. Definitions…………………………………………………………………………………………………. 1.490
114G. Information to be maintained and reported……………………………………………….. 1.513
114H. Due diligence requirement. ……………………………………………………………………….. 1.518
114-I. Annual Information Statement…………………………………………………………………… 1.533
115. Rate of exchange for conversion into rupees of income expressed in
foreign currency ………………………………………………………………………………………… 1.534
115A. Rate of exchange for conversion of rupees into foreign currency and
reconversion of foreign currency into rupees for the purpose of

computation of capital gains under the proviso to clause (a) of sub-
section (1) of section 48 of the Income-tax Act, 1961. ………………………………….. 1.535

116. [***]……………………………………………………………………………………………………………. 1.536
117. [***]……………………………………………………………………………………………………………. 1.536
117A. Reduction or waiver of interest payable under section 139. ……………………….. 1.536
117B. Form of statement under section 222 or section 223……………………………………. 1.536
117C. Tax Recovery Officer to exercise or perform certain powers and
functions of an Assessing Officer……………………………………………………………….. 1.537
118. [***]……………………………………………………………………………………………………………. 1.537
119. [***]……………………………………………………………………………………………………………. 1.537

119A. Procedure to be followed in calculating interest. ……………………………………….. 1.537
119AA. Modes of payment for the purpose of section 269SU………………………………….. 1.537
120. [***]……………………………………………………………………………………………………………. 1.538
121. [***]……………………………………………………………………………………………………………. 1.538
121A. Form of statement to be furnished by producers of cinematograph
films or persons engaged in specified activity. …………………………………………… 1.538
122. [***]……………………………………………………………………………………………………………. 1.539
123. [***]……………………………………………………………………………………………………………. 1.539
124. [***]……………………………………………………………………………………………………………. 1.539
125. Electronic-payment of tax. …………………………………………………………………………. 1.539
126. Computation of period of stay in India in certain cases. …………………………….. 1.540
127. Service of notice, summons, requisition, order and other
communication………………………………………………………………………………………….. 1.540
127A. Authentication of notices and other documents…………………………………………. 1.541
128. Foreign Tax Credit. ……………………………………………………………………………………. 1.542
129. Form of application under section 270AA………………………………………………….. 1.544
130. Omission of certain rules and Forms and savings………………………………………. 1.544
131. Electronic furnishing of Forms, Returns, Statements, Reports, orders,
etc. …………………………………………………………………………………………………………….. 1.545
132. Application for recomputation of income under sub-section (18) of
section 155. ………………………………………………………………………………………………… 1.545
133. (1) Net winnings from online games during the previous year, for the
purposes of section 115BBJ, shall be calculated using the following
formula, namely: — …………………………………………………………………………………… 1.546
134. Application under section 155(20) regarding credit of tax deduction at
source………………………………………………………………………………………………………… 1.548
NEW APPENDIX I ……………………………………………………………………………………………………….. 1.549
OLD APPENDIX I—APPLICABLE UPTO 1-4-2005 (ASST. YR. 2005-06)…………………….. 1.560
Old Appendix I—Applicable upto 31-3-2003 ……………………………………………………………….. 1.569
APPENDIX IA………………………………………………………………………………………………………………. 1.577
APPENDIX II………………………………………………………………………………………………………………… 1.579
APPENDIX III………………………………………………………………………………………………………………. 1.579

DIVISION II – INCOME TAX FORMS

Form No. Pages
1 Undertaking under sub-rule (1) of rule 11UE of the Income-tax

Rules, 1962

2.3
2 Form for Certificate Under sub-rule (2) of rule 11UF 2.26
3 Intimation for Withdrawal under sub-rule (3) of rule 11UF of the

Income- tax Rules, 1962

2.27
2B-3AA 2B, 2C, 2E, 3AA, 3AAA (omitted) 2.28
3AC Audit report under section 33AB(2) 2.29
3AD Audit Report under section 33ABA(2) 2.32
3AE Audit report under section 35D(4)/35E(6) of the Income- tax

Act, 1961

2.35
3AF Statement regarding preliminary expenses incurred to be
furnished under proviso to clause (a) of sub-section (2) of section
35D of the Income-tax Act, 1961 by the assessee

2,37

3BA Omitted 2.39
3BB Monthly statement to be furnished by a stock exchange in respect
of transactions in which client codes have been modified after
registering in the system for month of …….

2.40

3BC Monthly statement to be furnished by a recognised association in

respect of transactions in which client codes have been

2.42
3C Form of daily case register 2.44
3CA Audit report under section 44AB of the Income-tax Act, 1961 in a
case where the accounts of the business or profession of a person
have been audited under any other law

2.45

3CB Audit report under section 44AB of the Income-tax Act, 1961, in
the case of a person referred to in clause (b) of sub-rule (1) of rule
6G

2.46

3CD Statement of particulars required to be furnished under section

44AB of the Income-tax Act, 1961

2.47

3CE Audit Report under sub-section (2) of section 44DA of the Income-
tax Act, 1961

2.65
3CEA Report of an accountant to be furnished by an assessee under
subsection (3) of section 50B of the Income -tax Act, 1961 relating
to computation of capital gains in case of slump sale

2.68

Form No. Pages
3CEAA Report to be furnished under sub-section (4) of section 92D of the

Income-tax Act, 1961

2.70
3CEAB Intimation by a designated constituent entity, resident in India, of
an international group, for the purposes of sub-section (4) of
section 92D of the Income-tax Act, 1961

2.72

3CEAC Intimation by a constituent entity, resident in India, of an
international group, the parent entity of which is not resident in
India, for the purposes of sub-section (1) of section 286 of the
Income-tax Act,1961

2.73

3CEAD Report by a parent entity or an alternate reporting entity or any
other constituent entity, resident in India, for the purposes of
subsection (2) or sub-section (4) of section 286 of the Income-tax
Act,1961

2.74

3CEAE Intimation on behalf of the international group for the purposes of
the proviso to sub-section (4) of section 286 of the Income-tax Act,
1961

2.78

3CEB Report from an accountant to be furnished under section 92E
relating to international transaction(s) and specified domestic
transaction(s)

2.79

3CEC Application for a pre-filing meeting 2.87
3CED Application for an Advance Pricing Agreement 2.91
3CEDA Application for rollback of an Advance Pricing Agreement 2.96
3CEE Application for withdrawal of APA request 2.99
3CEEA Form for furnishing particulars for the year ending 31st
March,………for recomputation for any adjustment on account of
income of past year(s) included in books of account of previous
year by a Company on account of secondary adjustment under
section 92CE or on account of an Advance Pricing Agreement
entered under section 92CC

2.100

3CEF Annual Compliance Report on Advance Pricing Agreement 2.102
3CEFA Application for Opting for Safe Harbour 2.104
3CEFB Application for Opting for Safe Harbour in respect of Specified

Domestic Transactions

2.109
3CEFC Application for opting for safe harbour for income referred to in
clause (i) of sub-section (1) of section 9 chargeable to tax under the
head “Profits and gains of business or profession”

2.111

Form No. Pages
3CEG Form for making the reference to the Commissioner by the

Assessing Officer u/s 144BA(1)

2.112
3CEH Form for returning the reference made under section 144BA 2.114
3CEI Form for recording the satisfaction by the Commissioner before
making a reference to the Approving Panel under sub-section (4)
of section 144BA

2.115

3CEIA Form for making reference to the Approving Panel under
subsection (4) of section 144BA of the Income-tax Act, 1961

2.117
3CEJ Report from an accountant to be furnished for purposes of section
9A relating to arm’s length price in respect of the remuneration
paid by an eligible investment fund to the fund manager.

2.118

3CEJA Report from an accountant to be furnished for purpose of section
9A regarding fulfilment of certain conditions by an eligible
investment fund

2.121

3CEK Annual Statement under section 9A of the Income-tax Act, 1961 2.123
3CF Application form from scientific and industrial research
organisations for approval under section 35 of the Income-tax Act

2.125
3CFA Form for opting for taxation of income by way of royalty in respect

of Patent

2.132
3CG Application for approval of scientific research programme under

section 35(2AA) of the Income-tax Act, 1961

2.134
3CH Order of approval of scientific research programme under section

35(2AA) of the Income-tax Act, 1961

2.135
3CI Receipt of payment for carrying out scientific research under

section 35(2AA) of the Income-tax Act, 1961

2.136
3CJ Report to be submitted by the prescribed authority to the Director
General (Income-tax Exemptions) after approval of scientific
research programme under section 35(2AA) of the Income-tax Act,
1961

2.137

3CK Application form for entering into an agreement with the
Department of Scientific and Industrial Research for co-operation
in in-house Research and Development facility and for audit of the
accounts maintained for that facility

2.139

3CL Report to be submitted by the prescribed authority to the Director
General (Income-tax Exemptions) under section 35(2AB) of the
Income-tax Act, 1961

2.143

Form No. Pages
3CLA Report from an accountant to be furnished under sub-section
(2AB) of section 35 of the Act relating to in-house scientific
research and development facility

2.145

3CM Application for notification of affordable housing project as

specified business under section 35AD

2.146
3CN Application for notification of affordable housing project as

specified business under section 35AD

2.147
3C-O Application form for approval under sub-section (1) of section

35CCC of the Income-tax Act, 1961

2.151
3CP Form for notification of agricultural extension project under
subsection (1) of section 35CCC of the Income-tax Act, 1961

2.153
3CQ Application form for approval under sub-section (1) of section

35CCD of the Income-tax Act, 1961

2.154
3CR Form for notification of skill development project under subsection

(1) of section 35CCD of the Income-tax Act, 1961

2.156
3CS Application for notification of a semiconductor wafer fabrication
manufacturing unit as specified business under section 35AD

2.157
3CT Income attributable to assets located in India under section 9 of the

Income-tax Act, 1961

2.159
4 Order by Principal Commissioner or Commissioner under subrule

(7) of rule 11UF of the Income -tax Rules, 1962

2.161
5 Form 5, 5A (Omitted) 2.162
5B Application for notification of a zero coupon bond under clause

(48) of section 2 of the Income-tax Act, 1961

2.163
5BA Certificate of an accountant under sub-rule (6) of rule 8B 2.167
5C Details of amount attributed to capital asset remaining with the

specified entity

2.168
6B Audit report under section 142(2A) of the Income-tax Act, 1961 2.169
6C Application under section 132(2)/132(9D) of the Income tax Act,

1961

2.173
6CA Report under section 132(9D) of the Income Tax Act, 1961 2.175
6D Inventory Valuation report under clause (ii) of section 142(2A) of

the Income-tax Act, 1961

2.176
7 Notice of demand under section 156 of the Income-tax Act, 1961 2.189

Form No. Pages
8 Declaration under section 158A(1) of the Income-tax Act, 1961 to
be made by an assessee claiming that identical question of law is
pending before the High Court or the Supreme Court

2.190

8A In the High Court of ……… or Income-tax Appellate Tribunal….. 2.192
9 Application for grant of approval or continuance thereof to a fund

under section 10(23AAA) of the Income-tax Act, 1961

2.194
9A Application for exercise of option under clause (2) of the
Explanation to sub-section (1) of section 11 of the Income – tax Act,
1961

2.196

10 Notice of demand under section 156 of the Income-tax Act, 1961 2.198
10A Application for registration of charitable or religious trust or
institution under clause (aa) of sub-section (1) of section 12A of the
Income-tax Act, 1961

2.200

10AB Application for registration or approval 2.207
10AC Order for registration or provisional registration or approval or

provisional approval

2.212
10AD Order for registration or approval or rejection or cancellation 2.213
10B Audit report under section 12A(b) of the Income-tax Act, 1961, in

the case of charitable or religious trusts or institutions

2.214
10BA Declaration to be filed by the assessee claiming deduction under

section 80GG

2.232
10BB Audit report under section 10(23C) of the Income-tax Act, 1961, in
the case of any fund or trust or institution or any university or
other educational institution or any hospital or other medical
institution referred to in sub-clause (iv) or sub-clause (v) or
subclause (vi) or sub-clause (via) of section 10(23C)

2.233

10BBA Application for notification under sub-clause (iv) of clause (c) of
Explanation to the clause (23FE) of section 10 of the Income-tax
Act, 1961

2.239

10BBB Intimation by Pension Fund of investment under clause (23FE) of

section 10 of the Income-tax Act, 1961

2.241
10BBC Certificate of accountant in respect of compliance to the provisions
of clause (23FE) of section 10 of the Income-tax Act, 1961 by the
notified Pension Fund

2.244

10BBD Statement of eligible investment received 2.249

Form No. Pages
10BC Audit report under (sub-rule (12) of rule 17CA) of the Income-tax

Rules, 1962, in the case of an electoral trust

2.253
10BD Statement of particulars to be filed by reporting person under
clause (viii) of sub-section (5) of section 80G and clause (i) to
subsection (1A) of section 35 of the Income-tax Act, 1961

2.256

10BE Certificate of donation under clause (ix) of sub-section (5) of
section 80G and under clause (ii) to sub-section (1A) of section 35
of the Income-tax Act, 1961

2.258

10C Forms 10C, 10CC, 10CCA, 10CCAB, 10CCABA, 10CCAC,
10CCAD, 10CCAE, 10CCAF, 10CCAG, 10CCAH, 10CCAI, 10CCB,
10CCBA, 10CCBB, 10CCBBA, 10CCBC, 10CCBD (Omitted)

2.259

10CCC Certificate under sub-rule (3) of rule 18BBE of the Income-tax

Rules, 1962

2.263
10CCD Certificate under sub-section (3) of section 80QQB for Authors of

certain books in receipt of Royalty income, etc.

2.264
10CCE Certificate under sub-section (2) of section 80RRB for Patentees in

receipt of royalty income, etc.

2.265
10CCF Report under section 80LA(3) of the Income-tax Act, 1961 2.267
10DA Report under section 80JJAA of the Income-tax Act, 1961 2.268
10DB Form 10DB and 10DC (Omitted) 2.270
10E Form for furnishing particulars of income u/s 192(2A) for the year
ending 31st March, 20….. for claiming relief u/s 89(1) by a
Government servant/an employee in a company, co-operative
society, local authority, university, institution, association/body

2.271

10-EE [See sub-rule (1) of rule 21AAA] 2.278
10F Information to be provided under sub-section (5) of section 90 or
sub-section (5) of section 90A of the Income-tax Act, 1961

2.281
10FA Application for Certificate of residence for the purposes of an
agreement under section 90 and 90A of the Income Tax Act, 1961

2.283
10FB Certificate of residence for the purposes of section 90 and 90A 2.285
10FC Authorisation for claiming deduction in respect of any payment
made to any financial institution located in a notified jurisdictional
area

2.286

10G Omitted 2.288
10H Certificate of foreign inward remittance 2.289

Form No. Pages
10HA Form 10HA and 10-I (Omitted) 2.290
10-IA Certificate of the medical authority for certifying person with
disability, severe disability, autism, cerebral palsy and multiple
disability for purposes of section 80DD and section 80U

2.291

10-IB Application for exercise of option under sub-section (4) of section

115BA of the Income – tax Act, 1961

2.292
10-IC Application for exercise of option under sub-section (5) of section

115BAA of the Income – tax Act, 1961

2.293
10-ID Application for exercise of option under sub-section (7) of section

115BAB of the Income-tax Act, 1961

2.295
10-IE Application for exercise/ withdrawal of option under clause (i) of
sub-section (5) of section 115BAC of the Income-tax Act, 1961

2.297
10-IEA Application for exercise of option under clause (i) of sub-section
(6) of section 115BAC or withdrawal of option under the proviso
to sub-section (6) of section 115BAC of the Income-tax Act, 1961

2.299

10-IF Application for exercise of option under sub-section (5) of section

115BAD of the Income-tax Act, 1961

2.301
10-IFA Application for exercise of option under sub-section (5) of section

115BAE of the Income-Tax Act, 1961

2.303
10-IG Statement of Exempt income under clause (4D) of section 10 of the

Income-tax Act, 1961

2.305
10-IH Statement of income of a Specified fund eligible for concessional
taxation under section 115AD of the Income-tax Act, 1961

2.309
10-II Statement of exempt income under clause (23FF) of section 10 of

the Income-tax Act, 1961

2.313
10-IJ Certificate to be issued by accountant under clause (23FF) of

section 10 of the Income-tax Act, 1961

2.316
10-IK Annual Statement of Exempt Income under sub-rule (2) of rule
21AJA and taxable income under sub-rule (2) of rule 21AJAA

2.317
10-IL Verification by an Accountant under sub-rule (3) of rule

21AJAVerification

2.319
11 Forms 11, 11A, 12, 12A (Omitted) 2.320
12B Form for furnishing details of income u/s 192(2) for the year

ending 31st March,….

2.321

Form No. Pages
12BA Statement showing particulars of perquisites, other fringe benefits
or amenities and profits in lieu of salary with value thereof

2.323
12BAA Statement showing particulars for the purposes of sub-section (2B)

of section 192

2.325
12BB Statement showing particulars of claims by an employee for

deduction of tax under section 192

2.326

12BBA Declaration to be furnished by Specified Senior Citizen under sub-
clause (iii) of clause (b) of Explanation to section 194P

2.328
13 Application by a person for a certificate under section 197 and/or
206C(9) of the Income-tax Act, 1961, for no deduction/collection of
tax or deduction of tax at a lower rate

2.329

15C Application by a banking company for a certificate under section
195(3) of the Income-tax Act, 1961, for receipt of interest and other
sums without deduction of tax

2.332

15CA Information to be furnished for payments, chargeable to tax, to a
non-resident not being a company, or to a foreign company

2.333
15CB Certificate of an accountant 2.338
15CC Quarterly statement to be furnished by an authorised dealer in

respect of remittances

2.340
15CD Quarterly statement to be furnished by a unit of an International
Financial Services Centre, as referred to in subsection (1A) of
section 80LA, in respect of remittances, made for the quarter of
………….. of…………….(Financial Year)

2.341

15D Application by a person other than a banking company for a
certificate under section 195(3) of the Income-tax Act, 1961, for
receipt of sums other than interest and dividends without
deduction of tax of tax

2.342

15E Application by a person for a certificate under section 195(2) and
195(7) of the Income-tax Act, 1961, for determination of
appropriate proportion of sum (other than salary) payable to
nonresident, chargeable to tax in case of the recipient.

2.343

15G Declaration under sub-sections (1) and (1A) of section 197A of the
Income-tax Act, 1961, to be made by an individual or a person (not
being a company or a firm) claiming certain receipts without
deduction of tax of tax

2.352

Form No. Pages
15H Declaration under sub-section (1C) of section 197A of the
Incometax Act, 1961, to be made by an individual who is of the age
of sixty-five years or more claiming certain receipts without
deduction of tax

2.355

15-I Forms 15-I, 15J (Omitted) 2.359
16 Certificate under section 203 of the Income-tax Act, 1961 for Tax

deducted at source on Salary

2.360
16A Certificate under section 203 of the Income-tax Act, 1961 for Tax

deducted at source

2.366
16AA Omitted 2.368
16B Certificate under section 203 of the Income-tax Act, 1961 for tax

deducted at source

2.369
16C Certificate under section 203 of the Income-tax Act, 1961 for tax

deducted at source

2.370
16D Certificate under section 203 of the Income-tax Act, 1961 for tax

deducted at source

2.371
16E Certificate under section 203 of the Income-tax Act, 1961 for tax

deducted at source

2.372
22 Forms 22 and 24 (Omitted) 2.373
24G TDS/TCS Book Adjustment Statement 2.374
24Q Quarterly Statement of deduction of tax under sub-section (3) of
section 200 of the Income‐tax Act in respect of salary for the
quarter ended………….(June/September/ December/March)…
(Financial Year)

2.379

26 (Omitted) 2.388
26A Form for furnishing accountant certificate under the first proviso
to sub-section (1) of section 201 of the Income-tax Act, 1961

2.389
26AS Annual Return of deduction of tax under section 206 of Income-tax
Act, 1961 in respect of all payments other than Salaries for the year
ending 31st March,______

2.392

26B Form to be filed by the deductor, if he claims refund of sum paid

under Chapter XVII-B of the Income-tax Act, 1961

2.393

Form No. Pages
26Q Quarterly statement of deduction of tax under sub-section (3) of
section 200 of the Income-tax Act, 1961 in respect of all payments
other than Salary for the quarter ended
June/September/December/March (tick whichever applicable)
…(year)

2.394

26QA Particulars required to be maintained for furnishing quarterly

return under section 206A

2.402
26QAA Quarterly return under section 206A for the quarter ended
June/September/December/March (tick whichever applicable) of
the Financial Year _____

2.404

26QB Challan –cum – statement of deduction of tax under section 194IA 2.407
26QC Challan -cum – statement of deduction of tax under section 194-IB 2.409
26QD Challan–cum–statement of deduction of tax under section 194M 2.411
26QE Challan-cum-statement of deduction of tax under section 194S by

specified persons

2.412
26QF Quarterly statement of tax deposited in relation to transfer of
virtual digital asset under section 194S to be furnished by an
Exchange for the quarter ending…………… June/September/
December/ March

2.413

27A Form for furnishing information with the statement of
deduction/collection of tax at source (tick) whichever is
applicable) filed on computer media for the period (From……..
to……….( dd/mm/yyyy)

2.414

27B Form for furnishing information with the statement of collection of
tax at source filed on computer media for the period ending……….
(dd/mm/yyyy)

2.417

27BA Form for furnishing accountant certificate under first proviso to
sub-section (6A) of section 206C of the Income-tax Act, 1961

2.420

27C Declaration under sub-section (1A) of section 206C of the Income-
tax Act, 1961 to be made by a buyer for obtaining goods without

collection of tax

2.423

27D Certificate under section 206C of the Income-tax Act, 1961 for Tax

collected at source

2.425
27E (Omitted) 2.427

Form No. Pages
27EQ Quarterly statement of Tax Collection at Source under section
206C of Income-tax Act, 1961 for the quarter ended
June/September/December/March (tick whichever
applicable)…(year)

2.428

27Q Quarterly statement of deduction of tax under sub-section (3) of
section 200 of I.T. Act, 1961 in respect of payments other than
Salary made to non-residents for the quarter ended…….
June/September/ December/March ____(Financial year)

2.431

28 Notice of demand under section 156 of the Income-tax Act, 1961
for payment of advance tax under sub-section (3) or sub-section (4)
of section 210

2.441

28A Intimation to the Assessing Officer under section 210(5) regarding
the notice of demand under section 156 of the Income-tax Act, 1961
for payment of advance tax under section 210(3)/210(4) of the Act

2.443

29B Report under Section 115JB of the Income-tax Act, 1961 for

computing the book profits of the company

2.445
29C Report under section 115JC of the Income-tax Act, 1961 for
computing adjusted total income and minimum alternate tax of the
limited liability partnership

2.449

29D Application by a person under section 239A of the Income-tax Act,

1961 for refund of tax deducted

2.451
30 (Omitted) 2.453
30A Form of undertaking to be furnished under sub-section (1) of

section 230 of the Income-tax Act, 1961

2.454
30B Objection Certificate for a person not domiciled in India under

section 230(1) of the Income-tax Act, 1961

2.455
30C Form for furnishing the details under section 230(1A) of the

Income-tax Act, 1961

2.456
31 Application for a certificate under the first proviso to sub-section

(1A) of section 230 of the Income-tax Act, 1961

2.458
33 Clearance certificate under the first proviso to sub-section (1A) of

section 230 of the Income-tax Act, 1961

2.459
34A Forms 34A, 34B and 34BA (Omitted) 2.460
34BB Exercise of option to withdraw pending application under
subsection (1) of section 245M of the income-tax Act, 1961

2.461
34BC Application to the Dispute Resolution Committee 2.462

Form No. Pages
34C Form of application for obtaining an advance ruling under section

245Q(1) of the Income-tax Act, 1961

2.464
34D Form of application by a resident applicant seeking advance ruling
under section 245Q(1) of the Income-tax Act, 1961 in relation to a
transaction undertaken or proposed to be undertaken by him with
a non-resident

2.469

34DA Form of application by a resident applicant referred to in section
245N(b)(iia) seeking advance ruling under section 245Q(1) of the
Income-tax Act, 1961 in relation to a transaction undertaken or
proposed to be undertaken by him.

2.474

34E Form of application by a person falling within such class or
category of persons as notified by Central Government in exercise
of powers conferred for obtaining and advance rulling u/s 245Q(1)
of the Income-tax Act, 1961

2.478

34EA Form of application for obtaining an advance ruling under section

245Q(1) of the Income-tax Act, 1961

2.481
34F Form of application for giving effect to the terms of any agreement
under clause (h) of sub-section (2) of section 295 of the Income-tax
Act, 1961

2.485

35 Appeal to the Commissioner of Income-tax (Appeals) 2.487
36 Form of appeal to the Appellate Tribunal 2.489
36A Form of memorandum of cross-objections to the Appellate

Tribunal 490

2.494
37 Forms 37, 37EE, 37F, 37G, 37H, 37I (Omitted) 2.497
38 Register of income-tax practitioners maintained by the Chief

Commissioner or Commissioner of Income-tax

2.498
39 Form of application for registration as authorised income- tax

practitioner

2.499
40 Certificate of registration 2.500
40A Form of nomination 2.501
40B Form for modifying nomination 2.502
40C Application for recognition 2.503
41 Form for maintaining accounts of subscribers to a recognised

provident fund

2.505

Form No. Pages
42 Appeal against refusal to recognise or withdrawal of recognition

from a provident fund

2.508
43 Appeal against refusal to approve or withdrawal of approval from

a superannuation fund

2.509
44 Appeal against refusal to approve or withdrawal of approval from

a gratuity fund

2.510
45 Warrant of authorisation under section 132 of the Income-tax Act,

1961, and rule 112(1) of the Income-tax Rules, 1962

2.511
45A Warrant of authorisation under the proviso to sub-section (1) of

section 132 of the Income-tax Act, 1961

2.513
45B Warrant of authorisation under sub-section (1A) of section 132 of

the Income-tax Act, 1961

2.515
45C Warrant of authorisation under sub-section (1) of section 132A of

the Income-tax Act, 1961

2.516
45D Information to be furnished to the income-tax authority under

section 133B of the Income-tax Act, 1961

2.517
46 Application for information under clause (b) of sub-section (1) of

section 138 of the Income-tax Act, 1961

2.519
47 Form for furnishing information under clause (b) of sub-section (1)

of section 138 of the Income-tax Act, 1961

2.520
48 Form for intimating non-availability of information under clause
(b) of sub-section (1) of section 138 of the Income-tax Act, 1961

2.521
49 Refusal to supply information under clause (b) of sub-section (1) of

section 138 of the Income-tax Act, 1961

2.522
49A Application for allotment of Permanent Account Number under

section 139A of the Income-tax Act, 1961

2.523
49AA Application for Allotment of Permanent Account Number
Individuals not being a Citizen of India/Entities incorporated
outside India/ Unincorporated entities formed outside India

2.531

49B Form of application for allotment of Tax Deduction Account
Number under section 203A and Tax Collection Account Number
under section 206CA of the Income-tax Act, 1961

2.539

49BA Quarterly statement to be furnished by specified fund in respect of
a non-resident referred to in rule 114AAB for the quarter of
………… of ….. (Financial Year)

2.544

49C Annual Statement under section 285 of the Income-tax Act, 1961 2.545

Form No. Pages
49D Information and documents to be furnished by an Indian concern

under section 285A

2.549
52A Statement to be furnished to the Assessing Officer under section
285B of the Income-tax Act, 1961, in respect of production of a
cinematograph film

2.552

54 Forms 54, 55, 56, 56A, 56AA (Omitted) 2.554
56A Forms 56B, 56BA, 56C, 56CA, 56D, 56E, 56F, 56FF (Omitted) 2.555
56F Report under section 10AA of the Income -tax Act, 1961 2.556
56FF Particulars to be furnished under clause (b) of sub-section (1B) of

section 10A of the Income-tax Act, 1961

2.558
56G Forms 56G and 56H (Omitted) 2.560
57 Certificate under section 222 or 223 of the Income-tax Act, 1961 2.561
58A Forms 58A and 58B (Omitted) 2.562
58C Report to be submitted under clause (ii) of sub-section (4) of
section 35AC of the Income-tax Act, 1961 to the National
Committee by an approved association or institution

2.563

58D Report to be submitted by a public sector company, local authority

or an approved association or institution under clause (ii) of sub-
section (5) of section 35AC of the Income-tax Act, 1961 to the

National Committee on a notified eligible project or scheme

2.564

59 Application for approval of issue of public companies under

section 88(2)(xvi) of the Income-tax Act

2.567
59A Application for approval of mutual funds investing in the eligible
issue of public companies under section 88(2)(xvii) of the
Incometax Act

2.569

60 Form of declaration to be filed by a person who does not have
either a permanent account number or General Index Register
Number and who makes payment in cash in respect of transaction
specified in clauses (a) to (h) of rule 114B

2.570

61 Form of declaration to be filed by a person who has agricultural
income and is not in receipt of any other income chargeable to
income-tax in respect of transactions specified in clauses (a) to (h)
of rule 114B

2.573

61A Statement of Specified Financial Transactions under section

285BA(1) of the Income-tax Act, 1961

2.581

Form No. Pages
61B Statement of Reportable Account under sub-section (1) section

285BA of the Income-tax Act, 1961

2.588
62 Certificate from the principal officer of the amalgamated company
and duly verified by an accountant regarding achievement of the
prescribed level of production and continuance of such level of
production in subsequent years

2.593

63 Forms 63, 63A and 63AA (Omitted) 2.594
64 Statement of income paid or credited by Venture Capital Company
or Venture Capital Fund to be furnished under section 115U of the
Income-tax Act, 1961

2.595

64A Statement of income distributed by a business trust to be furnished

under section 115UA of the Income-tax Act, 1961

2.598
64B Statement of income distributed by a business trust to be provided
to the unit holder under section 115UA of the Incometax Act, 1961

2.601
64C Statement of income distributed by an investment fund to be
provided to the unit holder under section 115UB of the Incometax
Act, 1961

2.602

64D Statement of income paid or credited by investment fund to be
furnished under section 115UB of the Income-tax Act, 1961

2.604
64E Statement of income paid or credited by a securitisation trust to be
furnished under section 115TCA of the Income-tax Act, 1961

2.610
64F Statement of income distributed by a securitisation trust to be
provided to the investor under section 115TCA of the Income-tax
Act, 1961

2.613

65 Application for exercising/renewing option for the tonnage tax
scheme under sub-section (1) of section 115VP or sub-section (1) of
section 115VR of the Income-tax Act, 1961

2.615

66 Audit Report under clause (ii) of section 115VW of the Income-tax

Act, 1961

2.619
67 Statement of income from a country or specified territory outside

India and Foreign Tax Credit

2.626
68 Form of application under section 270AA(2) of the Income-tax Act,

1961

2.628
69 Application for recomputation of income under sub-section (18) of

section 155

2.629

Form No. Pages
70 Intimation to the Assessing Officer of the payment of tax on
income recomputed under sub-section (18) of section 155

2.630
71 Application under sub-section (20) of section 155 for credit of tax

deduction at source (TDS)

2.631

DIVISION III – ALLIED RULES & SCHEMES

Allied Rules Page
The Income-tax (Certificate Proceedings) Rules, 1962 3.6
The Income Tax Appellate Tribunal Rules, 1963 3.62
National Savings Certificates (VIII Issue) Rules, 1989 3.79
National Savings Scheme Rules, 1992 3.100
Authority for Advance Rulings (Procedure) Rules, 1996 3.105
The Income-tax Settlement Commission (Procedure) Rules, 1997 3.113
Securities Transaction Tax Rules, 2004 3.122
Income-tax Welfare Fund Rules, 2007 3.142
Income-tax (Dispute Resolution Panel) Rules, 2009 3.146
The Income-tax Ombudsman Guidelines 2010 3.156
National Savings Certificates (IX-Issue) Rules, 2011 3.163
Sukanya Samriddhi Account Rules, 2016 3.180
Equalisation Levy Rules, 2016 3.186
Bank Term Deposit Scheme, 2006 3.199
Capital Gains Accounts Scheme, 1988 3.204
Centralised Processing of Returns Scheme, 2011 3.230
Centralised Processing of Statements of Tax Deducted at Source Scheme, 2013 3.236
Commodities Transaction Tax Rules, 2013 3.240
Centralised Verification Scheme, 2019 3.252
Deposit Scheme for Retiring Employees of Public Sector Companies, 1991 3.255
Deposit Scheme for Retiring Government Employees, 1989 3.265
Direction that the Provisions of the Income-tax Act relating to Processing of
Returns shall or shall not apply with such exceptions, modifications and 3.276

Allied Rules Page
adaptations as provided in the Centralised Processing of Returns Scheme, 2011
The Prohibition of Benami Property Transactions Rules, 2016 3.281
Electoral Trusts Scheme, 2013 3.287
Electronic Filing of Returns of Tax Collected at Source Scheme, 2005 3.293
Electronic Furnishing of Return of Income Scheme, 2007 3.297
Employees’ Stock Option Plan or Scheme 3.302
Equity Linked Savings Scheme, 2005 3.306
Furnishing of Return of Income on Internet Scheme, 2004 3.310
Industrial Park Scheme, 2008 3.314
Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through
Depository Receipt Mechanism) Scheme, 1993 3.324
Issue of Foreign Currency Exchangeable Bonds Scheme, 2008 3.340
Rajiv Gandhi Equity Savings Scheme, 2012 3.344
Rajiv Gandhi Equity Savings Scheme, 2013 3.353
Reverse Mortgage Scheme, 2008 3.364
Scheme for Bulk Filing of Returns by Salaried Employees, 2002 3.368
Scheme for Filing of Returns by Salaried Employees through Employer, 2004 3.377
Scheme for Furnishing of Paper Returns of Tax Collected at Source, 2005 3.380
Scheme for Furnishing of Paper Returns of Tax Deducted at Source, 2005 3.383
Scheme to Develop, Operate and Maintain Special Economic Zones 3.386
Securities Lending Scheme, 1997 3.390
Site Restoration Fund Scheme, 1999 3.395
Software Technology Parks Scheme 3.406
Sovereign Gold Bonds Scheme, 2015 3.409
Tax Return Preparer Scheme, 2006 3.414
Faceless Assessment Scheme, 2019 3.423
Faceless Appeal Scheme, 2020 3.438
Faceless Penalty Scheme, 2021 3.451
National Pension Scheme Tier II- Tax Saver Scheme, 2020 3.464
The Direct Tax Vivad Se Vishwas Rules, 2020 3.466