Income Tax Rules, 2026

DIVISION I
INCOME-TAX RULES, 2026

Navigator — Income-tax Rules, 2026…………………………………………………………………………………. 1.3
1. Short title and commencement……………………………………………………………………………. 1.19
2. Definitions………………………………………………………………………………………………………….. 1.19
3. Arrangements for declaration and payment of dividends within India. ……………… 1.19
4. Conditions that a stock exchange is required to fulfil to be notified as a
recognised stock exchange under section 2(92). ………………………………………………….. 1.19
5. Procedure for notification of a recognised stock exchange for the
purposes of section 2(92)…………………………………………………………………………………….. 1.20
6. Method of determination of period of holding of capital assets in certain
cases. ………………………………………………………………………………………………………………….. 1.20
7. Procedure for notification of zero coupon bond………………………………………………….. 1.22
8. Computation of period of stay in India for an Indian citizen, being a
member of the crew of a foreign bound ship. …………………………………………………….. 1.23
9. Determination of income in case of non-residents. ……………………………………………… 1.23
10. Definition of terms for rules 11 and 12………………………………………………………………… 1.24
11. Fair market value of assets in certain cases. ………………………………………………………… 1.25
12. Determination of income attributable to assets in India………………………………………. 1.28
13. Threshold for purposes of significant economic presence. ………………………………….. 1.28
14. Method for determining amount of expenditure in relation to income not
includible in total income……………………………………………………………………………………. 1.28
15. Valuation of perquisites. …………………………………………………………………………………….. 1.29
16. Annual accretion referred to in section 17(1)(i)……………………………………………………. 1.43
17. Salary income for purposes of section 17(1)(c)(ii)………………………………………………… 1.43
18. Exemption of medical benefits from perquisite value in respect of
medical treatment of prescribed diseases or ailments in hospitals
approved by Chief Commissioner………………………………………………………………………. 1.43
19. Gross total income for purposes of section 17(3)(b). ……………………………………………. 1.45
20. Procedure for purposes of section 19…………………………………………………………………… 1.45
21. Unrealised rent. ………………………………………………………………………………………………….. 1.47
22. Computation of aggregate average advances for purposes of section
31(1)……………………………………………………………………………………………………………………. 1.47
23. Computation of pro rata amount of discount on a zero coupon bond for
purpose of section 32(d). …………………………………………………………………………………….. 1.47
24. Notification of infrastructure facility for the purposes of section 32(e)………………… 1.48
25. Depreciation……………………………………………………………………………………………………….. 1.48
26. 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 specified banking and online mode or through such
other electronic mode as provided in rule 48………………………………………………………. 1.50
27. Form of statement to be furnished regarding certain preliminary
expenses eligible for deduction under section 44. ……………………………………………….. 1.51
28. Form of audit report for claiming deduction for certain preliminary
expenses under section 44 and expenditure for prospecting certain
minerals under section 51. ………………………………………………………………………………….. 1.51
29. Prescribed authority and process of approval for expenditure on
scientific research under section 45(1)(a)(ii) and (2)…………………………………………….. 1.52
30. Prescribed authority and process of approval for expenditure on
scientific research under section 45(3)(c)……………………………………………………………… 1.53
31. Furnishing of statement of particulars in respect of donation and
certificate to donor under section 45(4)(a). ………………………………………………………….. 1.54
32. Procedure, form and manner in respect of approval under section 45(4)
read with section 45(3)(a) for deduction for expenditure on scientific
research by a research association……………………………………………………………………….. 1.55
33. Conditions subject to which approval is to be granted to a research
association for deduction for expenditure on scientific research under
section 45(4) read with section 45(3)(a). ………………………………………………………………. 1.56
34. Conditions subject to which approval is to be granted to a University,
college or other institution for deduction for expenditure on scientific
research under section 45(4) read with section 45(3)(a). ………………………………………. 1.57
35. Prescribed authority, procedure, form, manner and conditions for
approval by a company for deduction for expenditure on scientific
research under section 45(3)(b)……………………………………………………………………………. 1.58
36. Procedure for notification of an affordable housing project as a specified
business under section 46(11)(d)(vii) and a semiconductor wafer
fabrication manufacturing unit as a specified business under section
46(11)(d)(xiii)………………………………………………………………………………………………………. 1.60
37. Procedure for approval of agricultural extension project under section
47(1)(a). ………………………………………………………………………………………………………………. 1.63
38. Conditions for notification of agricultural extension projects under
section 47(1)(a)……………………………………………………………………………………………………. 1.65
39. Procedure for approval of skill development projects under section
47(1)(b)……………………………………………………………………………………………………………….. 1.66
40. Conditions subject to which a skill development project is to be notified
under section 47(1)(b). ………………………………………………………………………………………… 1.68
41. Expenditure for obtaining right to use spectrum for telecommunication
services……………………………………………………………………………………………………………….. 1.70
42. Special provision regarding interest on bad and doubtful debt of
specified financial institution. …………………………………………………………………………….. 1.71
43. Form of report of audit to be furnished under section 59(4) for
computation of royalty and fee for technical services………………………………………….. 1.73

44. Conditions to be fulfilled by a non-resident, engaged in the business of
operation of cruise ships under section 61(2)………………………………………………………. 1.73
45. Conditions to be fulfilled by a resident company for purposes of section
61(2)……………………………………………………………………………………………………………………. 1.74
46. Maintenance of books of account under section 62……………………………………………… 1.74
47. Report of audit of accounts to be furnished under section 63………………………………. 1.76
48. Other electronic modes of payment…………………………………………………………………….. 1.76
49. Computation of capital gains for purposes of section 67(5)…………………………………. 1.77
50. Attribution of income taxable under section 67(10) to capital assets
remaining with the specified entity, under section 72. ………………………………………… 1.78
51. Other conditions required to be fulfilled by the original fund. ……………………………. 1.79
52. Rate of exchange for conversion of rupees into foreign currency and
reconversion of foreign currency into rupees for purpose of computation
of capital gains under section 72. ………………………………………………………………………… 1.79
53. Computation of fair market value of capital assets for purposes of section
77………………………………………………………………………………………………………………………… 1.80
54. Form of report of an accountant in respect of slump sale. …………………………………… 1.81
55. Conditions for reference to Valuation Officers under section 91(1)(b)…………………. 1.82
56. Meaning of expressions used in determination of fair market value. ………………….. 1.82
57. Determination of fair market value. ……………………………………………………………………. 1.83
58. Prescribed class of persons for the purpose of section 92(3)(i) and section
79………………………………………………………………………………………………………………………… 1.86
59. Computation of income chargeable to tax under section 92(2)(l)…………………………. 1.88
60. Conditions for carrying forward or set-off of accumulated loss and
unabsorbed depreciation allowance in case of amalgamation……………………………… 1.89
61. Certificate of a medical authority in respect of autism, cerebral palsy and
multiple disabilities for the purposes of deduction under section 127 and
section 154. …………………………………………………………………………………………………………. 1.90
62. Issuance of prescription in respect of certain diseases and ailments for
the purpose of deduction under section 128. ………………………………………………………. 1.90
63. Prescribed authority for approval of a University or any educational
institution of national eminence for purposes of section 133……………………………….. 1.92
64. Procedure for specifying an association or institution for purposes of
notification under section 133(1)(a)(xxiv). …………………………………………………………… 1.92
65. Conditions for claim for deduction under section 134…………………………………………. 1.93
66. Furnishing of audit report for claiming deduction under section 46 or 138
or 139 or 140 or 141 or 142 or 143 or 144. …………………………………………………………….. 1.93
67. Form of particulars to be furnished along with return of income for
claiming deduction under section 144…………………………………………………………………. 1.94
68. Furnishing of report under section 146……………………………………………………………….. 1.94
69. Report of accountant to be furnished under section 147(4)(a). …………………………….. 1.94
70. Form of certificate to be furnished under section 151(5). …………………………………….. 1.94
71. Prescribed authority and form of certificate to be furnished under section
152(5)………………………………………………………………………………………………………………….. 1.94
72. The prescribed authority and form of certificate to be furnished under
sections 151(6) and section 152(6). ………………………………………………………………………. 1.94
73. Relief under section 157(1), when salary is paid in arrears or in advance,
gratuity, etc. ……………………………………………………………………………………………………….. 1.94
74. Taxation of income from retirement benefit account maintained in a
notified country………………………………………………………………………………………………….. 1.98
75. Other documents and information to be provided for claiming double
taxation relief under section 159(1) and (2)………………………………………………………….. 1.99
76. Foreign tax credit………………………………………………………………………………………………. 1.100
77. Meaning of expressions used in determination of arm‘s length price………………… 1.102
78. Other method for determination of arm‘s length price. …………………………………….. 1.102
79. Determination of arm‘s length price under section 165……………………………………… 1.102
80. Most appropriate method. ………………………………………………………………………………… 1.106
81. Determination of arm’s length price in certain cases. ………………………………………… 1.106
82. Exercise of option for determination of arm‘s length price for multiple
years in a single proceeding………………………………………………………………………………. 1.114
83. Time period for repatriation of excess money under section 170(2) and
computation of interest income under section 170(4) pursuant to
secondary adjustments. …………………………………………………………………………………….. 1.116
84. Information and documents to be kept and maintained under section
171(1)………………………………………………………………………………………………………………… 1.117
85. Report from an accountant to be furnished under section 172…………………………… 1.120
86. Definitions for safe harbour rules for international transactions. ………………………. 1.120
87. Eligible assessee for safe harbour rules for international transactions. ………………. 1.125
88. Eligible international transactions for safe harbour. ………………………………………….. 1.127
89. Safe harbour for eligible international transactions. ………………………………………….. 1.128
90. Procedure relating to transactions other than provision of information
technology services. ………………………………………………………………………………………….. 1.131
91. Procedure relating to transactions of provision of information technology
services……………………………………………………………………………………………………………… 1.133
92. Safe harbour rules for international transactions not to apply in certain
cases………………………………………………………………………………………………………………….. 1.134
93. Mutual agreement procedure not to apply where safe harbour for
international transactions is accepted………………………………………………………………… 1.134
94. Definitions for safe harbour rules for specified domestic transaction. ……………….. 1.134
95. Eligible assessee for safe harbour rules for specified domestic
transactions. ……………………………………………………………………………………………………… 1.134
96. Eligible specified domestic transaction for safe harbour. …………………………………… 1.135
97. Safe harbour for eligible specified domestic transaction. …………………………………… 1.135
98. Procedure governing safe harbour rules for specified domestic
transactions. ……………………………………………………………………………………………………… 1.136
99. Definitions for safe harbour rules for income attribution in case of
income from business and profession. ………………………………………………………………. 1.137

100. Safe harbour for income attribution in case of income from business and
profession. ………………………………………………………………………………………………………… 1.139
101. Procedure governing safe harbour rules for income attribution in case of
income from business and profession. ………………………………………………………………. 1.140
102. Mutual agreement procedure not to apply where safe harbour for
income attribution in case of income from business and profession is
exercised. ………………………………………………………………………………………………………….. 1.140
103. Meaning of expressions used in matters in respect of advance pricing
agreement…………………………………………………………………………………………………………. 1.140
104. Persons eligible to apply. ………………………………………………………………………………….. 1.141
105. Pre-filing consultation. ……………………………………………………………………………………… 1.141
106. Application for advance pricing agreement………………………………………………………. 1.142
107. Withdrawal of application for agreement………………………………………………………….. 1.142
108. Preliminary processing of application……………………………………………………………….. 1.142
109. Procedure. ………………………………………………………………………………………………………… 1.143
110. Terms of the agreement…………………………………………………………………………………….. 1.144
111. Roll back of Agreement. ……………………………………………………………………………………. 1.145
112. Amendments to application. …………………………………………………………………………….. 1.145
113. Furnishing of annual compliance report……………………………………………………………. 1.146
114. Compliance audit of agreement. ……………………………………………………………………….. 1.146
115. Revision of an agreement………………………………………………………………………………….. 1.146
116. Cancellation of an agreement. …………………………………………………………………………… 1.147
117. Procedure for giving effect to rollback provision of an Agreement……………………. 1.147
118. Relief in tax payable under section 206(1) due to operation of section
206(1)(i). ……………………………………………………………………………………………………………. 1.148
119. Renewing an agreement……………………………………………………………………………………. 1.149
120. Miscellaneous……………………………………………………………………………………………………. 1.149
121. Application seeking to give effect to terms of any agreement under
section 533(2)(p) and procedure for giving effect to decision under
agreement…………………………………………………………………………………………………………. 1.149
122. Procedure to deal with requests for bilateral or multilateral advance
pricing agreements……………………………………………………………………………………………. 1.150
123. Maintenance and furnishing of information and document by constituent
entity of an international group under section 171…………………………………………….. 1.151
124. Furnishing of report in respect of an international group under section
511…………………………………………………………………………………………………………………….. 1.153
125. Furnishing of authorisation and maintenance of documents, etc. for the
purposes of section 176……………………………………………………………………………………… 1.154
126. Conditions and activities for finance company located in any
International Financial Services Centre for section 177. …………………………………….. 1.155
127. Determination of consequences of impermissible avoidance
arrangement. …………………………………………………………………………………………………….. 1.155
128. Chapter XI relating to General Anti Avoidance Rule not to apply in
certain cases………………………………………………………………………………………………………. 1.155
129. Notice and Forms for reference under section 274. ……………………………………………. 1.156
130. Time limits………………………………………………………………………………………………………… 1.157
131. Procedure before Approving Panel. ………………………………………………………………….. 1.157
132. Remuneration. ………………………………………………………………………………………………….. 1.157
133. Modes of payment for the purpose of section 187……………………………………………… 1.158
134. Exercise of option for taxation of royalty income from patent under
section 194(1)…………………………………………………………………………………………………….. 1.158
135. Calculation of net winnings from online games for purpose of section
194(1)………………………………………………………………………………………………………………… 1.158
136. Exercise or withdrawal of option for new tax regime………………………………………… 1.160
137. Form of report for computation of book profit of companies…………………………….. 1.161
138. Form of report for computation of adjusted total income by certain
persons other than a company. …………………………………………………………………………. 1.161
139. Computation of exempt income of specified fund attributable to units
held by non-resident under Schedule VI …………………………………………………………… 1.161
140. Determination of income of a specified fund attributable to units held by
non-residents under section 210(2). …………………………………………………………………… 1.162
141. Computation of exempt income of specified fund, attributable to
investment division of an offshore banking unit under Schedule VI …………………. 1.164
142. Conditions referred to in Schedule VI……………………………………………………………….. 1.165
143. Determination of income of a specified fund attributable to investment
division of an offshore banking unit under section 210(3). ………………………………… 1.165
144. Other conditions required to be fulfilled by a specified fund as referred
to in Schedule VI……………………………………………………………………………………………….. 1.166
145. Statements under sections 221(4), 222(2), 223(5) and 224(9)……………………………….. 1.167
146. Rules related to application for exercising the option for tonnage tax
scheme and other matters related to it. ……………………………………………………………… 1.168
147. Publication and circulation of orders of Board under section 239(3)(a). …………….. 1.169
148. Search and Seizure under section 247. ………………………………………………………………. 1.169
149. Procedure to requisition services under section 247(5) and to make a
reference under section 247(9). ………………………………………………………………………….. 1.172
150. Valuation under section 247(9)………………………………………………………………………….. 1.173
151. Requisition of books of account, etc. under section 248……………………………………… 1.174
152. Release of remaining assets under section 250…………………………………………………… 1.174
153. Distraint and sale………………………………………………………………………………………………. 1.174
154. Form of information under section 254(1). ………………………………………………………… 1.175
155. Disclosure of information related to assessees under section 258(2). …………………. 1.175
156. Prescribed income-tax authority under section 259. ………………………………………….. 1.175
157. Persons Exempt from obtaining Permanent Account Number under
section 262. ……………………………………………………………………………………………………….. 1.175
158. Application for allotment of a Permanent Account Number……………………………… 1.177
159. Transactions in relation to which Permanent Account Number is to be
quoted or applied for purposes of section 262(1)(f) and 262(10)(c) and (e)…………. 1.188
160. Time and manner in which persons referred to in rule 159 shall furnish a
statement containing particulars of Form No. 97……………………………………………….. 1.193
161. Transactions for purposes of section 262(9)(a). ………………………………………………….. 1.194
162. When PAN becomes inoperative under section 262(6)………………………………………. 1.196

163. Conditions for furnishing return of income by persons other than a
company or firm referred to in section 263(1)(a)(x)……………………………………………. 1.196
164. Forms, eligibility, verification etc. in respect of return of income. ……………………… 1.197
165. Furnishing of updated return of income under section 263(6) read with
sub-section (2) of said section. …………………………………………………………………………… 1.200
166. Conditions for treating a return as defective return under section 263(7). …………. 1.201
167. Form of appeal to Joint Commissioner (Appeals) or Commissioner
(Appeals) under section 358………………………………………………………………………………. 1.201
168. Prescribed person for verification of return for purposes of section 265…………….. 1.201
169. Form of verification for furnishing information under section 268(1)(c). …………… 1.202
170. Prescribed income-tax authority under section 268(3) for issue of notice
under sub-section (1) thereof. ……………………………………………………………………………. 1.202
171. Forms for report of audit or inventory valuation under section 268(5)………………. 1.202
172. Procedure for purposes of determining expenses for audit or inventory
valuation…………………………………………………………………………………………………………… 1.202
173. Jurisdiction of Valuation Officers as per section 2(110) read with section
269…………………………………………………………………………………………………………………….. 1.203
174. Day and time for inspection by Valuation Officers, etc., as per section
269(3)………………………………………………………………………………………………………………… 1.204
175. Prescribed authority for issue of notice under section 270(8). ……………………………. 1.204
176. Procedure for faceless assessment, reassessment or recomputation under
section 273(1)…………………………………………………………………………………………………….. 1.204
177. Modified return of income in respect of business reorganisation under
section 314. ……………………………………………………………………………………………………….. 1.210
178. Application under section 288(1) regarding credit of tax deduction at
source. ………………………………………………………………………………………………………………. 1.211
179. Notice of demand under section 289. ………………………………………………………………… 1.211
180. Return of income in respect of block assessment under section 294(1) . …………….. 1.211
181. Common application for registration of non-profit organisation or for
approval for the purposes of deduction under section 133(1)(b)(ii). ………………….. 1.212
182. Manner of computation of gains of commercial activities under sections
335(e), 344, 345 and 346……………………………………………………………………………………… 1.214
183. Manner of computation of any portion of income applied by a registered
non-profit organisation, directly or indirectly, for benefit of any related
person……………………………………………………………………………………………………………….. 1.214
184. Exercise of options by a registered non-profit organisation under section
341(7) for deemed application under section 341(5)…………………………………………… 1.215
185. Furnishing of statement by registered non-profit organisation under
section 342(1) for accumulating or setting apart any part of its regular
income………………………………………………………………………………………………………………. 1.215
186. Application under section 342(5) for change of purpose for which income
has been accumulated or set apart…………………………………………………………………….. 1.216
187. Books of account and other documents to be kept and maintained by a
registered non-profit organisation…………………………………………………………………….. 1.216
188. Report of audit in case of registered non-profit organisations under
section 348. ……………………………………………………………………………………………………….. 1.221
189. Method of valuation for the purposes of computing fair market value of
assets and liabilities under section 352(2) for accreted income…………………………… 1.221
190. Furnishing of statement of particulars in respect of donation and
certificate to donor under section 354(1)……………………………………………………………. 1.224
191. Mode of service of any order referred to in section 358(3)(b). ……………………………. 1.224
192. Production of additional evidence before Joint Commissioner (Appeals)
and Commissioner (Appeals) under section 533(2)(x)……………………………………….. 1.224
193. Form of appeal and memorandum of cross-objections to Appellate
Tribunal under section 362………………………………………………………………………………… 1.225
194. Declaration under section 375. ………………………………………………………………………….. 1.225
195. Application under section 376 to defer filing of appeal before Appellate
Tribunal or the jurisdictional High Court………………………………………………………….. 1.226
196. Constitution of Dispute Resolution Committee under section 379. ……………………. 1.226
197. Application for resolution of dispute before the Dispute Resolution
Committee under section 379. …………………………………………………………………………… 1.226
198. Power to reduce or waive penalty imposable or grant immunity from
prosecution or both under section 379. ……………………………………………………………… 1.226
199. Definitions. ……………………………………………………………………………………………………….. 1.227
200. Application for obtaining an advance ruling under section 383. ……………………….. 1.228
201. Certification of copies of advance rulings pronounced by Board for
Advance Rulings under section 384(8)………………………………………………………………. 1.230
202. Form and manner of filing appeal to High Court on ruling pronounced
or order passed by Board for Advance Rulings under section 389(1)…………………. 1.230
203. Credit for tax deducted or collected at source……………………………………………………. 1.230
204. Furnishing of particulars for deduction of tax at source from income
under head “Salaries”……………………………………………………………………………………….. 1.231
205. Furnishing of evidence of claims by employee under section 392(5)(b) for
deduction of tax from income under head “Salaries”………………………………………… 1.231
206. Rate of exchange for conversion into rupees of income expressed in
foreign currency. ………………………………………………………………………………………………. 1.232
207. Rate of exchange for purpose of deduction of tax at source on income
payable in foreign currency. ……………………………………………………………………………… 1.233
208. Furnishing of declaration and evidence of claims by specified senior
citizen under section 393(1)……………………………………………………………………………….. 1.234
209. Application by payee for certificate authorising receipt of interest and
other sums without deduction of tax…………………………………………………………………. 1.234
210. Condition for no deduction of tax at source from income in respect of
units of non-residents referred to in section 393(2) ……………………………………………. 1.236
211. Declaration by person claiming receipt of certain incomes without
deduction of tax under section 393(6)………………………………………………………………… 1.236
212. Declaration by a buyer for no collection of tax at source under section
394(2)………………………………………………………………………………………………………………… 1.236

213. Application for grant of certificates for deduction or collection of income-
tax at any lower rates, or no deduction of income-tax. ………………………………………. 1.237

214. Application by payer for grant of certificate under section 395(2) or
section 400(3) for determination of appropriate proportion of sum (other
than salary), payable to non-resident, chargeable in case of recipients………………. 1.238
215. Certificate of tax deducted or collected at source to be furnished under
section 395(4)…………………………………………………………………………………………………….. 1.239
216. Application for allotment of a tax deduction and collection account
number……………………………………………………………………………………………………………… 1.240
217. Conditions under section 397(2)(c) for non-application of deduction of
tax at higher rate, in case of non-residents…………………………………………………………. 1.241
218. Time and mode of payment to Government account of tax deducted or
collected at source or tax paid under section 392(2)(a). ……………………………………… 1.241
219. Statement of deduction or collection of tax at source under section
397(3)(b): …………………………………………………………………………………………………………… 1.243
220. Furnishing of information for payment to a non-resident, not being a
company, or to a foreign company.— ……………………………………………………………….. 1.245
221. Form for furnishing certificate of accountant under Section 398(2) for
person responsible for deduction or collection of tax as per section 394(1)
not to be deemed to be an assessee in default: …………………………………………………… 1.248
222. Notice of demand under section 289. ………………………………………………………………… 1.248
223. Estimate of advance tax under section 407(8)…………………………………………………….. 1.248
224. Form of statement under section 413 or section 414…………………………………………… 1.248
225. Procedure for recovery of tax for the purposes of sections 413 and 475……………… 1.248
226. Tax recovery officer to exercise or perform certain powers and functions
of an Assessing Officer under section 413. ………………………………………………………… 1.266
227. Prescribed authority for tax clearance certificates under section 420. ………………… 1.266
228. Forms and certificates for the purposes of section 420……………………………………….. 1.266
229. Production of certificate under section 420………………………………………………………… 1.267
230. Refund claim under section 434. ……………………………………………………………………….. 1.267
231. Form of application under section 440. ……………………………………………………………… 1.267
232. Service of notice, summons, requisition, order and other communication
under section 501………………………………………………………………………………………………. 1.267
233. Authentication of notices and other documents. ……………………………………………….. 1.268
234. Furnishing of annual statement by a non-resident having liaison office in
India. ………………………………………………………………………………………………………………… 1.269
235. Information or documents to be furnished under section 506……………………………. 1.269
236. Form of statement to be furnished by producers of cinematograph films
or persons engaged in specified activity. …………………………………………………………… 1.271
237. Furnishing of statement of financial transaction………………………………………………… 1.271
238. Definitions. ……………………………………………………………………………………………………….. 1.278
239. Information to be maintained and reported………………………………………………………. 1.298
240. Due diligence requirement………………………………………………………………………………… 1.303
241. Definitions for purposes of rules 242, 243 and 244. ……………………………………………. 1.316
242. Obligation for reporting transaction of crypto-asset under section 509. …………….. 1.325
243. Reporting requirements for transaction of crypto-asset under section 509. ……….. 1.326
244. Due diligence procedures under section 509……………………………………………………… 1.331
245. Annual Information Statement………………………………………………………………………….. 1.337
246. Application for registration as valuer under section 514……………………………………. 1.337
247. Qualification of registered valuer for the purposes of section 514……………………… 1.338
248. Charging of fee and submission of valuation report under section 514……………… 1.345
249. Removal from register of names of valuers and restoration. ……………………………… 1.346
250. Definitions for the purposes of rules 251 to 268…………………………………………………. 1.346
251. Accountancy examinations recognised……………………………………………………………… 1.347
252. Educational qualifications prescribed. ………………………………………………………………. 1.347
253. Nature of business relationship…………………………………………………………………………. 1.347
254. Appearance by Authorised Representative in certain cases. ……………………………… 1.348
255. Register of income-tax practitioners. …………………………………………………………………. 1.348
256. Application for registration. ……………………………………………………………………………… 1.348
257. Certificate of registration…………………………………………………………………………………… 1.348
258. Cancellation of certificate………………………………………………………………………………….. 1.348
259. Cancellation of certificate obtained by misrepresentation. ………………………………… 1.349
260. Removal of name of authorised income-tax practitioner who is insolvent
or on whom penalty has been imposed. ……………………………………………………………. 1.349
261. Prescribed authority to order an inquiry. ………………………………………………………….. 1.349
262. Charge-sheet. ……………………………………………………………………………………………………. 1.349
263. Inquiry Officer. …………………………………………………………………………………………………. 1.349
264. Proceedings before Inquiry Officer……………………………………………………………………. 1.349
265. Order of the prescribed authority. …………………………………………………………………….. 1.350
266. Procedure if no Inquiry Officer appointed. ……………………………………………………….. 1.350
267. Change of Inquiry Officer. ………………………………………………………………………………… 1.350
268. Powers of prescribed authority and Inquiry Officer. …………………………………………. 1.350
269. Procedure to be followed in calculating interest under section 533(2)(u). ………….. 1.350
270. Determination of income, being partly from agricultural and partly from
business…………………………………………………………………………………………………………….. 1.351
271. Income from manufacture of rubber, coffee and tea. …………………………………………. 1.351
272. Deduction in respect of expenditure on production of feature films………………….. 1.352
273. Deduction in respect of expenditure on acquisition of distribution rights
of feature films………………………………………………………………………………………………….. 1.354
274. Procedure for investment fund for availing benefit under section 9(12)
read with Schedule I to Act……………………………………………………………………………….. 1.356
275. Approval of the investment fund at its option for purposes of section
9(12)………………………………………………………………………………………………………………….. 1.358
276. Statement to be furnished by eligible investment fund under section
9(12) read with Schedule I to the Act…………………………………………………………………. 1.359
277. Calculation of taxable interest relating to contribution in a provident
fund or recognised provident fund, exceeding specified limit…………………………… 1.359
278. Conditions for purposes of Schedule III ……………………………………………………………. 1.360
279. Limits for the purposes of Schedule III ……………………………………………………………… 1.361
280. Allowances for purposes of Schedule III to the Act. ………………………………………….. 1.361
281. Circumstances and conditions for purposes of Schedule III………………………………. 1.373
282. Notification of pension fund and other conditions to be satisfied by the
pension fund. ……………………………………………………………………………………………………. 1.374

283. Computation of minimum investment and exempt income for purposes
of Schedule V ……………………………………………………………………………………………………. 1.375
284. Conditions for the purpose of Schedule VI ……………………………………………………….. 1.380
285. Computation of exempt income in nature of capital gains in connection
with relocation of original fund, etc…………………………………………………………………… 1.381
286. Requirements for approval of a fund for welfare of employees and their
dependents under Schedule VII………………………………………………………………………… 1.382
287. Percentage of Government grant for considering any University,
hospital, or any other institution, as substantially financed by the
Government for purposes of Schedule VII ………………………………………………………… 1.382
288. Procedure for setting up an Infrastructure Debt Fund for purpose of
exemption under Schedule VII………………………………………………………………………….. 1.382
289. Rules for functioning of an electoral trust………………………………………………………….. 1.384
290. Report of audit of accounts to be furnished under Schedule IX read with
section 48 for deduction for tea development account, coffee
development account and rubber development account. ………………………………….. 1.386
291. Report of audit of accounts to be furnished under Schedule X read with
section 49 for deduction for site restoration fund………………………………………………. 1.386
292. Investment of fund moneys. ……………………………………………………………………………… 1.386
293. Nomination. ……………………………………………………………………………………………………… 1.388
294. Accounts. ………………………………………………………………………………………………………….. 1.388
295. Assigning or creating a charge on beneficial interest in a recognized
provident fund………………………………………………………………………………………………….. 1.389
296. Application for recognition……………………………………………………………………………….. 1.389
297. Order of recognition………………………………………………………………………………………….. 1.390
298. Withdrawal of recognition………………………………………………………………………………… 1.390
299. Exemption from tax when recognition withdrawn. …………………………………………… 1.390
300. Appeal under paragraph 13(1) of Part A of Schedule XI to the Act……………………. 1.390
301. Definitions for purposes of rules 302 to 315. ……………………………………………………… 1.390
302. Conditions regarding trust and trustees. …………………………………………………………… 1.391
303. Investment of fund moneys. ……………………………………………………………………………… 1.391
304. Admission of directors to a fund……………………………………………………………………….. 1.391
305. Ordinary annual contributions………………………………………………………………………….. 1.391
306. Initial contributions…………………………………………………………………………………………… 1.391
307. Scheme of insurance or annuity. ……………………………………………………………………….. 1.391
308. Commutation of annuity…………………………………………………………………………………… 1.392
309. Beneficiary not to have any interest in insurance and employer not to
have any interest in moneys of fund. ………………………………………………………………… 1.392
310. Penalty, where employee assigns or charges interest in fund. …………………………… 1.392
311. Arrangements on winding up, etc., of business…………………………………………………. 1.392
312. Arrangements for winding up, etc., of fund………………………………………………………. 1.393
313. Application of approval. …………………………………………………………………………………… 1.393
314. Amendment of rules, etc., of fund. ……………………………………………………………………. 1.393
315. Appeal under paragraph 9(1) of Part B of Schedule XI to the Act in case
of superannuation fund…………………………………………………………………………………….. 1.393
316. Definitions for purposes of rules 317 to 329. ……………………………………………………… 1.393
317. Conditions regarding trust and trustees. …………………………………………………………… 1.393
318. Investment of fund moneys. ……………………………………………………………………………… 1.393
319. Nomination ………………………………………………………………………………………………………. 1.394
320. Admission of directors to a fund……………………………………………………………………….. 1.394
321. Ordinary annual contributions………………………………………………………………………….. 1.395
322. Initial contributions…………………………………………………………………………………………… 1.395
323. Assigning or creating a charge on beneficial interest in a gratuity fund…………….. 1.395
324. Employer not to have interest in fund moneys………………………………………………….. 1.395
325. Arrangements for winding up, etc., of business. ……………………………………………….. 1.395
326. Arrangements for winding up of the fund. ……………………………………………………….. 1.395
327. Application for approval…………………………………………………………………………………… 1.395
328. Amendment of rules, etc., of fund. ……………………………………………………………………. 1.395
329. Appeal under Paragraph 9(1) of Part B of Schedule XI to the Act in case
of gratuity fund…………………………………………………………………………………………………. 1.395
330. Limits of reserve for unexpired risks…………………………………………………………………. 1.395
331. Procedure for approval under Paragraph (1)(z)(i) and (ii) of Schedule XV
to the Act. …………………………………………………………………………………………………………. 1.396
332. Electronic furnishing of Forms, returns, statements, reports, orders,
certificates, etc…………………………………………………………………………………………………… 1.397
333. Electronic payment of tax, interest, fee and penalty…………………………………………… 1.398
APPENDIX I……………………………………………………………………………………………………… 1.399
APPENDIX II ……………………………………………………………………………………………………. 1.409

DIVISION II
INCOME TAX FORMS, 2026

Navigator — Income Tax Forms, 2026……………………………………………………………………………….. 2.3
Form No. Pages
1 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 the month of ……. ……………………………………………………………………….. 2.15
2 Application for notification of a zero coupon bond under section 2(112)
of the Act ……………………………………………………………………………………………………………. 2.18
3 Certificate of an accountant under rule 7…………………………………………………………….. 2.25
4 Income attributable to assets located in India under section 9(10)(a) …………………….2.30
5 Statement regarding preliminary expenses incurred by the assessee to be
furnished under Section 44(3) of the Act……………………………………………………………… 2.33
6 Audit Report under section 44(6) /51(7) of the Income Tax Act 2025 ………………….. 2.37
7 Application for approval of scientific research programme under section
45(3)(c) of the Act ……………………………………………………………………………………………….. 2.43
8 Order of approval of Scientific Research Programme under section
45(3)(c) of the Act ……………………………………………………………………………………………….. 2.47
9 Receipt of payment for carrying out scientific research under section
45(3)(c) of the Act …………………………………………………………………………………………………2.50

10 Report to be submitted by the prescribed authority to the Chief
Commissioner of Incometax having jurisdiction over the sponsor after
approval of scientific research programme under section 45(3)(c) of the
Act ……………………………………………………………………………………………………………………… 2.53
11 Application for entering into an agreement with the Department of
Scientific and Industrial research for cooperation in In-house research
development facility and for audit of accounts maintained by the facility…………… 2.57
12 Report to be submitted by the prescribed authority to the Chief
Commissioner of Income-tax having jurisdiction over the company…………………… 2.65
13 Report from an accountant to be furnished under Section 45(2) of the Act
relating to in-house scientific research and development facility ………………………… 2.69
14 Order of approval of in-house research and development facility under
section 45(2) of the Act………………………………………………………………………………………… 2.72
15 Statement to be filed by research association, university, college or other
institution or company ( “donee” ) under section 45(4)(a) of the Act…………………… 2.75
16 Certificate of donation under section- 45(4)(a) of the Act…………………………………….. 2.78
17 Application for approval of a company under section 45(3)(b) and of a
research association, university, college or other institution under section
45(4)(b) of the Income-tax Act, 2025 …………………………………………………………………….. 2.80
18 Application for notification of affordable housing project as specified
business under section 46 of the Act……………………………………………………………………. 2.91
19 Application for notification of a semiconductor wafer fabrication
manufacturing unit as specified business under section 46 of the Act…………………. 2.96
20 Application for approval of agricultural extension project under section
47(1)(a) of the Act ……………………………………………………………………………………………….. 2.99
21 Form for notification of agricultural extension project under section
47(1)(a) of the Act ……………………………………………………………………………………………… 2.104
22 Application for approval of skill development project under section
47(1)(b) of the Act……………………………………………………………………………………………… 2.107
23 Form for notification of skill development project under section 47(1)(b)
of the Incometax Act, 2025 ………………………………………………………………………………… 2.112
24 Audit Report under section 59 of the Income-tax Act, 2025……………………………….. 2.116
25 Form of daily case register………………………………………………………………………………… 2.121
26 Audit report and Statement of particulars required to be furnished under
section 63 of the Income-tax Act, 2025……………………………………………………………….. 2.123
27 Details of amount attributed to capital asset remaining with the specified
entity ………………………………………………………………………………………………………………… 2.159
28 Report of an accountant to be furnished by an assessee under Section
77(4) of the Act relating to the computation of capital gains in the case of
slump sale…………………………………………………………………………………………………………. 2.162
29 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 ………………………………………………………………………………………………. 2.167
30 Certificate of the medical authority for certifying ‘person with disability’,
‘severe disability’, ‘autism’, ‘cerebral palsy’ and ‘multiple disability’ for
purposes of section 127 & section 154 of the Act. ……………………………………………….. 2.170
31 Declaration to be filed by the assessee for claiming deduction under
section 134 of the Act for rents paid…………………………………………………………………… 2.173
32 Audit report under section 46, 138, 139, 140(8), 141, 142, 143, 144 of the
Act ……………………………………………………………………………………………………………………. 2.176
33 Particulars to be furnished in respect of units established under SEZ for
claiming deduction under section 144 of the Act……………………………………………….. 2.194
34 Report for deduction in respect of additional employee cost under
section 146 of the Act ………………………………………………………………………………………… 2.197
35 Report for deduction in respect of income of Offshore Banking Units and
Units of International Financial Services Centre under section 147(4)(a) of
the Act ………………………………………………………………………………………………………………. 2.200
36 Certificate under section 151(5) of the Act for Authors of certain books in
receipt of Royalty Income …………………………………………………………………………………. 2.203
37 Certificate under section 152(5) of the Act for Patentees in receipt of
royalty income ………………………………………………………………………………………………….. 2.207
38 Certificate of foreign inward remittance……………………………………………………………. 2.212
39 Form for claiming relief under section 157(1) of the Act in case of receipt
of additional salary, or gratuity or Retrenchment Compensation or
commutation of pension……………………………………………………………………………………. 2.215
40 Exercise of option for relief from taxation in income from retirement
benefit account maintained in a notified country under section 158 of the
Act ……………………………………………………………………………………………………………………. 2.222
41 Information to be provided under section 159(8) ………………………………………………. 2.226
42 Application for Certificate of residence for the purposes of an agreement
under section 159(1) and 159(2)…………………………………………………………………………. 2.229
43 Certificate of residence for the purposes of section 159……………………………………… 2.232
44 Statement of income from a country or region outside India and Foreign
Tax Credit…………………………………………………………………………………………………………. 2.234
45 Intimation of settlement of dispute regarding foreign tax for which credit
has not been claimed…………………………………………………………………………………………. 2.238
46 Exercise of option for determination of arm’s length price (ALP) under
section 166(9)…………………………………………………………………………………………………….. 2.242
47 Certificate of an accountant under section 166…………………………………………………… 2.245
48 Report from an accountant to be furnished under section 172 of the
Income-tax Act, 2025 relating to international transaction(s) and/or
specified domestic transaction(s)………………………………………………………………………. 2.247
49 Application for opting for Safe Harbour……………………………………………………………. 2.268
50 Application for a pre-filing consultation……………………………………………………………. 2.277
51 Application for an Advance Pricing Agreement (APA) …………………………………….. 2.281
52 Annual Compliance Report on Advance Pricing Agreement…………………………….. 2.288
53 Form for filing particulars of past years for calculating relief in tax
payable under section 206(1). ……………………………………………………………………………. 2.297
54 Application for Renewal of an Advance Pricing Agreement (APA) ……………………. 2.300

55 Form of application for an assessee, resident in India, seeking to invoke
mutual agreement procedure provided for in agreements with other
countries or specified territories………………………………………………………………………… 2.307
56 Information and document to be furnished by the person who is a
constituent entity under section 171(4) ……………………………………………………………… 2.311
57 Intimation by a designated constituent entity, resident in India, of an
international group, for the purposes of section 171(4) ……………………………………… 2.315
58 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 section 511(1)…………………………………………………………………………………. 2.317
59 Report by a parent entity or an alternate reporting entity or any other
constituent entity, resident in India, for the purposes of section 511(2) or
section 511(4)…………………………………………………………………………………………………….. 2.319
60 Intimation on behalf of the international group for the purposes of
section 511(5)…………………………………………………………………………………………………….. 2.324
61 Authorisation for claiming deduction in respect of any payment made to
any financial institution located in a notified jurisdictional area ……………………….. 2.326
62 Form for making the reference to the Commissioner of Income-tax by the
Assessing Officer under section 274(1)………………………………………………………………. 2.329
63 Form for returning the reference made under section 274 …………………………………. 2.332
64 Form for making reference to the Approving Panel and for recording the
satisfaction by the Commissioner before making a reference to the
Approving Panel under section 274(4)………………………………………………………………. 2.334
65 Form for opting for taxation of income by way of royalty in respect of
patent ……………………………………………………………………………………………………………….. 2.337
66 Report for Computation of Book Profit for the purposes of section 206(1)
of the Act ………………………………………………………………………………………………………….. 2.342
67 Report for Computation of Adjusted Total Income and Alternate
Minimum Tax for the purposes of section 206(2) of the Act ………………………………. 2.350
68 Statement of exempt income under Schedule VI [Table: Sl. Nos. 1 to 4]…………….. 2.355
69 Statement of income of a Specified fund eligible for concessional taxation
under section 210(2) of the Act………………………………………………………………………….. 2.361
70 Annual Statement of exempt income and income taxable at concessional
rate for an investment division of an offshore banking Unit ……………………………… 2.366
71 Verification by an Accountant for computation of exempt income of
specified fund, attributable to the investment division of an offshore
banking unit, for the purposes of Schedule VI of the Act…………………………………….. 2.37
72 Statement of income paid or credited by a securitisation trust to be
furnished under section 221………………………………………………………………………………. 2.374
73 Statement of income distributed by a securitisation trust to be provided
to the investor under section 221…………………………………………………………………………2.380
74 Statement of income paid or credited by Venture Capital Company or
Venture Capital Fund to be furnished under section 222…………………………………… 2.383
75 Statement of income paid or credited by Venture Capital Company or
Venture Capital Fund to be provided to the person who is liable to tax
under section 222………………………………………………………………………………………………. 2.389
76 Statement of income paid or credited by business trust to be furnished
under section 223………………………………………………………………………………………………. 2.392
77 Statement of income distributed by a business trust to be provided to the
unit holder under section 223 ……………………………………………………………………………. 2.398
78 Statement of income distributed by an investment fund to be provided to
the unit holder under section 224………………………………………………………………………. 2.402
79 Statement of income paid or credited by investment fund to be furnished
under section 224………………………………………………………………………………………………. 2.406
80 Application for *exercising/renewing option for the tonnage tax scheme
under * section 231(1) or 231(10) of the Act ……………………………………………………….. 2.415
81 Audit Report under section 232(21) of the Act…………………………………………………… 2.422
82 Warrant of authorisation under section 247 of the Act, and rule 148 of the
Income-tax Rules, 2026 ……………………………………………………………………………………… 2.427
83 Warrant of authorisation under section 247(2) of the Act ……………………………………. 2.43
84 Warrant of authorisation under section 247(3) of the Act ………………………………….. 2.433
85 Application under section 247(5)/247(9) of the Act …………………………………………… 2.435
86 Warrant of authorisation under section 248(1) of the Act ………………………………….. 2.439
87 Information to be furnished to the income-tax authority under section
254 of the Act ……………………………………………………………………………………………………. 2.441
88 Application for information under section 258(2)(a) of the Act………………………….. 2.444
89 Form for furnishing information undersection 258(2) of the Act ……………………….. 2.448
90 Form for intimating non-availability of information under section
258(2)(a) of the Act ……………………………………………………………………………………………. 2.452
91 Refusal to supply information under section 258(2)(a) of the Act………………………. 2.453
92 Quarterly statement to be furnished by specified fund or stock broker in
respect of a non-resident referred to in rule 157 for the quarter of
________________ of ___________ (Financial Year)……………………………………………. 2.456
93 Application for Allotment of Permanent Account Number [For an
Individual being a Citizen of India]…………………………………………………………………… 2.459
94 Application for Allotment of Permanent Account Number [For an Indian
Company / an Entity incorporated in India/ an Unincorporated Entity
formed in India]………………………………………………………………………………………………… 2.463
95 Application for Allotment of Permanent Account Number [For an
Individual not being a Citizen of India]…………………………………………………………….. 2.468
96 Application for Allotment of Permanent Account Number [For an Entity
incorporated outside India/ an Unincorporated Entity formed outside
India]………………………………………………………………………………………………………………… 2.473
97 Form for declaration to be filed by any person (other than a company or
firm) or a foreign company covered by sub-rule (2) to rule 159, who does
not have a permanent account number and who enters into any
transaction specified in rule 159 (Refer Note 1) …………………………………………………. 2.478
98 Statement containing particulars of declaration received in Form No. 97 ………….. 2.485
99 Appeal to the Joint commissioner of Income-tax (Appeals) or the
Commissioner of Income-tax (Appeals)…………………………………………………………….. 2.488
100 Audit report under section 268(5)(i) of the Act………………………………………………….. 2.494
101 Inventory Valuation report under section 268(5) of the Act……………………………….. 2.505

102 Application under Section 288(1) [Table: Sl. No. 11] for credit of tax
deduction at source…………………………………………………………………………………………… 2.525
103 Notice of demand under section 289 of the Act…………………………………………………. 2.529
104 Application for provisional registration or provisional approval………………………. 2.532
105 Application for registration of non-profit organisation under section 332
or approval for deduction under section 133(1)(b)(ii)………………………………………… 2.542
106 Order for provisional registration u/s 332 or provisional approval u/s
354 Rejection of application ………………………………………………………………………………. 2.562
107 Order for grant of registration under section 332 or approval under
section 354 or rejection of application or cancellation of registration or
approval granted………………………………………………………………………………………………. 2.566
108 Exercise of option under section 341(7) in respect of amount applied for
charitable or religious purposes ………………………………………………………………………… 2.571
109 Statement of accumulation or setting apart of income under section
342(1)………………………………………………………………………………………………………………… 2.573
110 Application for change of purpose of accumulation or setting apart of
income under section 342(5) ……………………………………………………………………………… 2.575
111 Order under section 342(6) on the request for change of purpose of
accumulation or setting apart of income……………………………………………………………. 2.577
112 Audit report under section 348 in the case of a registered non-profit
organisation (NPO)…………………………………………………………………………………………… 2.579
113 Statement or Correction Statement to be filed by Donee under section
354(1)………………………………………………………………………………………………………………… 2.616
114 Certificate of donation under section 354(1)(g)………………………………………………….. 2.619
115 Form of appeal to the Appellate Tribunal …………………………………………………………. 2.622
116 Form of memorandum of cross-objections to the Appellate Tribunal………………… 2.629
117 Declaration under section 375(1) of the Act to be made by an assessee
claiming that identical question of law is pending before the High Court
or the Supreme Court ……………………………………………………………………………………….. 2.635
118 In the High Court of _______ or Income-tax Appellate Tribunal _______ ………….. 2.639
119 Application to the Dispute Resolution Committee under section 379 of
the Act………………………………………………………………………………………………………………. 2.643
120 Form of application for obtaining an advance ruling section 383(1) of the
Act ……………………………………………………………………………………………………………………. 2.648
121 Declaration under section 393(6) for receipt of certain incomes without
deduction of tax………………………………………………………………………………………………… 2.658
122 Form for furnishing details of income under section 392(4)(a) of the Act…………… 2.664
123 Statement showing particulars of perquisites, other fringe benefits or
amenities and profits in lieu of salary with value thereof………………………………….. 2.669
124 Statement showing particulars of claims by an employee for deduction of
tax under section 392(5)(b) of the Act………………………………………………………………… 2.673
125 Declaration to be furnished by Specified Senior Citizen under Section
393(1) [Table: Sl. No. 8(iii)]………………………………………………………………………………… 2.676
126 Application by a person specified in rule 209 for a certificate under
section 395(1) of the Act, for receipt of certain sums without deduction of
tax …………………………………………………………………………………………………………………….. 2.678
127 Declaration under section 394(2) of the Act to be made by a buyer for
obtaining goods without collection of tax………………………………………………………….. 2.683

128 Application for issuance of certificate for lower/nil deduction of income-
tax and lower collection of income-tax under section 395(1) and 395(3) of

the Act………………………………………………………………………………………………………………. 2.687
129 Application by a person for a certificate under section 395(2) and 400(3)
of the Act for determination of appropriate proportion of sum (other
than salary) payable to non-resident, chargeable to tax in case of the
recipient……………………………………………………………………………………………………………. 2.694
130 Certificate under section 395 of the Act for tax deducted at source on
salary paid to an employee under section 392 or pension or interest
income of specified senior citizen under section 393(1) [Table: Sl. No.
8(iii)]…………………………………………………………………………………………………………………. 2.706
131 Certificate under section 395(4) of the Act for tax deducted at source ……………….. 2.716
132 Certificate under section 395(4) of the Act for tax deducted at source ……………….. 2.721
133 Certificate under section 395(4) of the Act for tax collected at source ………………… 2.725
134 Form for application for allotment of Tax Deduction and Collection
Account Number [TAN] under section 397 of Act …………………………………………….. 2.730
135 Form for application for allotment of Tax Deduction and Collection
Account Number [TAN] under section 397 of Act…………………………………………….. 2.733
136 Application for allotment of Accounts Office Identification Number
(AIN) ………………………………………………………………………………………………………………… 2.739
137 Details of Transfer voucher for the month of (month) (year)……………………………… 2.746
138 Quarterly statement of deduction of tax under section 397(3)(b) of the
Act in respect of salary paid to employee under section 392, or income of
specified senior citizen under section 393(1) [Table: Sl. No. 8(iii)], for the
quarter ended ……….. (June/September/December/March) ……. (Tax
Year)] ………………………………………………………………………………………………………………….2.750
139 Form to be filed by the deductor, if he claims refund of sum paid under
Chapter XIX of the Act………………………………………………………………………………………. 2.763
140 Quarterly statement of deduction of tax under section 397(3)(b) of the
Act in respect of payments made other than salary for the quarter
ended…………………………(June/September/December/March)
………………. (Tax Year)] …………………………………………………………………………………. 2.767
141 Challan-cum-statement of deduction of tax under section 393(1) [Table
Sl. No. 2(i), 3(i), 6(ii) & 8(vi)]……………………………………………………………………………… 2.778
142 Quarterly statement of tax deposited in relation to transfer of virtual
digital asset under section 393(1) [ Table: S. No. 8(vi)] to be furnished by
an Exchange for the quarter ending …….
June/September/December/March of Tax Year ………………………………………………. 2.791
143 Quarterly statement of collection of tax at source under Section 397(3)(b)
of the Act for the quarter ended…………………………..
(June/September/December/March) ……………………….. (Tax Year)……………. 2.795

144 Quarterly statement of deduction of tax under section 397(3)(b) of the
Act in respect of payments other than salary made to non-residents for
quarter
ended…………………………(June/September/December/March)
……………. (Tax Year)] …………………………………………………………………………………….. 2.803
145 Information to be furnished for payments to a non-resident not being a
company, or to a foreign company ……………………………………………………………………. 2.816
146 Certificate of an accountant for payments to a non-resident, not being a
company or to a foreign company …………………………………………………………………….. 2.840
147 Quarterly statement to be furnished by an authorised dealer in respect of
remittances made for the quarter of …………..of (Tax Year)………………………………. 2.850
148 Quarterly statement to be furnished by a unit of an International
Financial Services Centre, as referred to in section 147(1)(b), in respect of
remittances, made for the quarter of ………….. of (Tax Year)……………………………. 2.854
149 Form for furnishing accountant certificate under section 398(2) of the Act………… 2.857
150 Form for furnishing accountant certificate under section 398(2) of the Act………… 2.863
151 Notice of demand under section 289 of the Act for payment of advance
tax under section 407(2) or 407(5) of the Act ……………………………………………………… 2.868
152 Intimation to the Assessing Officer under section 407(8) regarding the
notice of demand under section 289 of the Act for payment of advance
tax under section 407(2)/407(5) of the Act…………………………………………………………. 2.873
153 Certificate under section 413 or 414 of the Act…………………………………………………… 2.877
154 Form of undertaking to be furnished under section 420(1) of the Act………………… 2.883
155 No Objection Certificate for a person not domiciled in India under
section 420(1) of the Act……………………………………………………………………………………….. 886
156 Form for furnishing the details under section 420(3) of the Act…………………………. 2.888
157 Form for furnishing the certificate under section 420(4) of the Act………………………. 2.89
158 Application for Certificate under section 420(5) of the Act………………………………… 2.893
159 Clearance Certificate under section 420(5) of the Act…………………………………………. 2.896
160 Application by a person under section 434 of the Act for refund of tax
deducted…………………………………………………………………………………………………………… 2.898
161 Form of application under section 440(2) of the Act ………………………………………….. 2.903
162 Annual Statement under section 505…………………………………………………………………. 2.907
163 Information and Documents to be furnished by an Indian concern under
section 506 ………………………………………………………………………………………………………… 2.914
164 Statement to be furnished under section 507 of the Act by a person
carrying on production of a cinematograph film or engaged in specified
activity or both …………………………………………………………………………………………………… 2.920
165 Statement of Specified Financial Transactions under section 508 (1) of the
Income-tax Act, 2025…………………………………………………………………………………………. 2.925
166 Statement of Reportable Account under section 508(1) of the Income-tax
Act, 2025 …………………………………………………………………………………………………………… 2.932
167 Statement of relevant transaction under section 509 of the Income-tax
Act, 2025 …………………………………………………………………………………………………………… 2.938
168 Annual Information Statement ………………………………………………………………………….. 2.950
169 Application for registration as a valuer under section 514 of the Act…………………. 2.953
170 Report of valuation of Asset under section 514 of the Act …………………………………. 2.957
171 Form of application for registration as authorised income-tax practitioner
under section 515 of the Act ……………………………………………………………………………….. 2.980
172 Report from an accountant to be furnished for the purpose of section
9(12) [Schedule I: Paragraph 1(4)] regarding fulfilment of certain
conditions by an eligible investment fund…………………………………………………………. 2.983
173 Statement to be furnished by an eligible investment fund to the
Assessing Officer under section 9(12) [Schedule I: Paragraph 1(4)]……………………. 2.988
174 Application for notification under Schedule V [Table: Sl. No.7.Note
5(a)(iii)(D)] (Pension Fund)……………………………………………………………………………….. 2.992
175 Intimation by Pension Fund of investment under Schedule V [Table: Sl.
No. 7] (within one month from the end of the quarter ending on 30th
June, 30th September, 31st December and 31st March of the financial
year)………………………………………………………………………………………………………………….. 2.994
176 Certificate of accountant in respect of compliance to the provisions of
Schedule V [Table: Sl. No. 7] by the notified Pension Fund……………………………….. 2.997
177 Statement of eligible investment received …………………………………………………………2.1002
178 Statement of exempt income under Schedule VI [Table: Sl. No. 10]…………………..2.1005
179 Certificate to be issued by the accountant under Schedule VI [Table: Sl.
No. 10]………………………………………………………………………………………………………………2.1008
180 Application for grant of approval to a fund referred to in Schedule VII
[Table: Sl. No. 2]………………………………………………………………………………………………..2.1009
181 Audit report under rule 289(12) in the case of the electoral trust……………………….2.1013
182 Audit Report under paragraph 2 of Schedule IX……………………………………………….2.1017
183 Audit Report under paragraph 2 of Schedule X ………………………………………………..2.1025
184 Form of nomination/modifying nominations for Provident/Gratuity
Fund …………………………………………………………………………………………………………………2.1033
185 Form for maintaining accounts of subscribers to a recognised provident
fund………………………………………………………………………………………………………………….2.1035
186 Application for recognition of provident fund under Part A of the
Eleventh Schedule of the Act…………………………………………………………………………….2.1038
187 Appeal against refusal to recognize or withdrawal of recognition from a
provident fund/refusal to approve or withdrawal of approval from a
superannuation fund or from a gratuity fund……………………………………………………2.1041
188 Application for Approval of Superannuation Fund/ Gratuity Fund…………………2.1044
189 Application for approval of issue of public companies under section
Schedule XV: Paragraph 1(z)(i) of the Act …………………………………………………………2.1047
190 Application for approval of mutual funds investing in the eligible issue
of public companies under section Schedule XV: Paragraph 1(z)(ii) of the
Act ……………………………………………………………………………………………………………………2.1051

DIVISION III
ALLIED RULES & SCHEMES

Allied Rules Page
The Income Tax Appellate Tribunal Rules, 1963………………………………………………………………… 3.5
Authority for Advance Rulings (Procedure) Rules, 1996………………………………………………….. 3.22
Securities Transaction Tax Rules, 2004 …………………………………………………………………………….. 3.30
National Savings Certificates (IX-Issue) Rules, 2011 ………………………………………………………… 3.50
Sukanya Samriddhi Account Rules, 2016…………………………………………………………………………. 3.67
Capital Gains Accounts Scheme, 1988 ……………………………………………………………………………… 3.73
Centralised Processing of Returns Scheme, 2011 ……………………………………………………………. 3.100
Centralised Processing of Statements of Tax Deducted at Source Scheme, 2013……………… 3.106
Commodities Transaction Tax Rules, 2013 …………………………………………………………………….. 3.110
Centralised Verification Scheme, 2019……………………………………………………………………………. 3.122
Direction that the Provisions of the Income-tax Act relating to Processing of
Returns shall or shall not apply with such exceptions, modifications and
adaptations as provided in the Centralised Processing of Returns Scheme, 2011……………. 3.124
The Prohibition of Benami Property Transactions Rules, 2016 ……………………………………….. 3.129
Electronic Filing of Returns of Tax Collected at Source Scheme, 2005…………………………….. 3.135
Electronic Furnishing of Return of Income Scheme, 2007……………………………………………….. 3.139
Equity Linked Savings Scheme, 2005……………………………………………………………………………… 3.145
Reverse Mortgage Scheme, 2008…………………………………………………………………………………….. 3.149
Scheme to Develop, Operate and Maintain Special Economic Zones ……………………………… 3.153
Securities Lending Scheme, 1997……………………………………………………………………………………. 3.157
Sovereign Gold Bonds Scheme, 2015 ……………………………………………………………………………… 3.162
Tax Return Preparer Scheme, 2006…………………………………………………………………………………. 3.167
Faceless Assessment Scheme, 2019 ………………………………………………………………………………… 3.176
Faceless Penalty Scheme, 2021……………………………………………………………………………………….. 3.191
e-Verification Scheme, 2021……………………………………………………………………………………………. 3.204
The Faceless Appeal Scheme, 2021…………………………………………………………………………………. 3.210
e-Advance Rulings Scheme, 2022 …………………………………………………………………………………… 3.222
Faceless Jurisdiction of Income- tax Authorities Scheme, 2022……………………………………….. 3.232
e-Assessment of Income Escaping Assessment Scheme, 2022 ………………………………………… 3.235
Faceless Inquiry or Valuation Scheme, 2022…………………………………………………………………… 3.237
e-Dispute Resolution Scheme, 2022 ……………………………………………………………………………….. 3.239
e-Appeals Scheme, 2023…………………………………………………………………………………………………. 3.247
The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026…………………………………… 3.256