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Incorporating:
• Comprehensive Compliance Guidelines.
Relevant Schemes
• Latest Income Tax Forms

Categories: , Tags: , ,

Author: Dr. Girish Ahuja & Dr. Ravi Gupta

ISBN: 9789356038677

Publishing Date: 2025

Publisher: commercial law publishers (india) pvt. ltd

Edition: 14th edn., 2025

Language: English

Vendor: Commercial Law Publishers

About Income Tax Rules



DIVISION I – INCOME-TAX RULES
PART I
PRELIMINARY1. Short title and commencement.
2. Definitions.
PART II
DETERMINATION OF INCOME
A.—Salaries
2A Limits for the purposes of section 10(13A).
2B. Conditions for the purpose of section 10(5).
2BA. Guidelines for the purposes of section 10(10C).
2BB. Prescribed allowances for the purposes of clause (14) of section 10.
2BBA. Circumstances and conditions for the purposes of clause (19) of section10.2BBB. Percentage of Government Grant for considering university, hospital,
etc., as substantially financed by the Government for the purposes of
clause (23C) of section 10.2BC. Amount of annual receipts for the purposes of sub-clauses (iiiad) and
(iiiae) of clause (23C) of section 10.

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.

2D. Guidelines for approval under clause (23F) of section 10.
2DA. Guidelines for approval under clause (23FA) of section 10.
2DAA. “Conditions for the Venture Capital Fund for the clause (23FB) of
section 10.

2DB. Other conditions to be satisfied by the pension fund.
2DC. Guidelines for notification under clause (23FE) of section 10.
2DCA. Computation of minimum investment and exempt income for the
purposes of clause (23FE) of section 10 of the Act.

2DD. Computation of exempt income of specified fund for the purposes of
clause (23FF) of section 10.

2E. Guidelines for approval under clause (23G) of section 10.
2F. Guidelines for setting up an Infrastructure Debt Fund for the purpose
of exemption under clause (47) of section 10.

Income-tax Rules, 1962
iv
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.

3B. Annual accretion referred to in the sub-clause (viia) of clause (2) of
section 17 of the Act.

B.—Income from house property
4. Unrealised rent.
C.—Profits and gains of business or profession
5. Depreciation.
5A. [***]
5AA. Prescribed authority for investment allowance.
5AB. [***]
5AC. Report of audit of accounts to be furnished under section 33AB(2).
5AD. Report of audit of accounts to be furnished under section 33ABA(2).
5B. Development rebate.
5C. Guidelines, form and manner in respect of approval under clause (ii)
and clause (iii) of sub-section (1) of section 35.

5CA. Intimation under Fifth Proviso to sub-section (1) of section 35.
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 section35.

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.

5F. Prescribed authority, guidelines, form, manner and conditions for
approval under clause (iia) of sub-section (1) of section 35.

5G. Option form for taxation of income from patent under section 115BBF.
6. Prescribed authority for expenditure on scientific research.
6A. Expenditure for obtaining right to use spectrum for telecommunication
services.

6AA. [***]
6AAA. Prescribed authority for the purposes of sections 35CC and 35CCA.
6AAB. [***]
6AAC. Prescribed authority for the purposes of section 35CCB.
6AAD. Guidelines for approval of agricultural extension project under section
35CCC.

6AAE. Conditions subject to which an agricultural extension project is to be
notified under section 35CCC.

6AAF. Guidelines for approval of skill development project under section
35CCD.

Contents
v
6AAG. Conditions subject to which a skill development project is to be
notified under section 35CCD.

6AAH. Meaning of expressions used in rule 6AAF and rule 6AAG.
6AB. Form of audit report for claiming deductions under sections 35D and
35E.

6ABA. Computation of aggregate average advances for the purposes of clause
(viia) of sub-section (1) of section 36.

6ABAA. Conditions for the purposes of clause (d) of the Explanation to clause
(viii) of sub-section (1) of section 36

6ABB. [***] 1.100
6ABBA. Other electronic modes.
6ABBB. Form of statement to be furnished regarding preliminary expenses
incurred under section 35D.–

6AC. [***]
6B. [***]
6C. [***]
6D. [***]
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.

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.

6DDB. Notification of a recognised stock exchange for the purposes of clause
(d) of proviso to clause (5) of section 43.

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.

6DDD. Notification of a recognised association for the purposes of clause (e) of
the proviso to clause (5) of section 43.

6E. Limits of reserve for unexpired risks.
6EA. Categories of bad and doubtful debts for section 43D.
6EB. Categories of bad or doubtful debts in the case of a public company
under clause (b) of section 43D.

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.

Income-tax Rules, 1962
vi
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.
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.

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

CCCC.—Report in the case of slump sale
6H. Form of report of an accountant under section 50B(3).
D.—Special cases
7. Income which is partially agricultural and partially from business.
7A. Income from the manufacture of rubber.
7B. Income from the manufacture of coffee.
8. Income from the manufacture of tea.
8A. Conditions for the grant of development allowance.
8AA. Method of determination of period of holding of capital assets in
certain cases.

8AB. Attribution of income taxable under sub-section (4) of section 45 to the
capital assets remaining with the specified entity, under section 48.

8AC. Computation of short-term capital gains and written down value
under section 50 where depreciation on goodwill has been obtained.

8AD. Computation of capital gains for the purposes of sub-section (1B) of
section 45.

8B. Guidelines for notification of zero coupon bond.
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.

8D. Method for determining amount of expenditure in relation to income
not includible in total income.

9. Royalties or copyright fees, etc., for literary or artistic work.
9A. Deduction in respect of expenditure on production of feature films.
9B. Deduction in respect of expenditure on acquisition of distribution
rights of feature films.

9C. Conditions for carrying forward or set off of accumulated loss and
unabsorbed depreciation allowance in case of amalgamation.

9D. Calculation of taxable interest relating to contribution in a provident
fund or recognised provided fund, exceeding specified limit.

Contents
vii
10. Determination of income in the case of non-residents.
10A. Meaning of expressions used in computation of arm’s length price.
10AB. Other method of determination of arm’s length price.
10B. Determination of arm’s length price under section 92C.
10C. Most appropriate method.
10CA. Computation of arm’s length price in certain cases.
10CB. Computation of interest income pursuant to secondary adjustments.
10D. Information and documents to be kept and maintained under section
92D.

10DA. Maintenance and furnishing of information and document by certain
person under section 92D.

10DB. Furnishing of Report in respect of an International Group
10E. Report from an accountant to be furnished under section 92E.
10F. Meaning of expressions used in matters in respect of advance pricing
agreement.

10G. Persons eligible to apply.
10H. Pre-filing consultation.
10-I. Application for advance pricing agreement.
10J. Withdrawal of application for agreement.
10K. Preliminary processing of application.
10L. Procedure.
10M. Terms of the agreement.
10MA. Roll Back of the Agreement.
10N. Amendments to Application.
10-O. Furnishing of Annual Compliance Report.
10P. Compliance Audit of the agreement.
10Q. Revision of an agreement.
10R. Cancellation of an agreement.
10RA. Procedure for giving effect to rollback provision of an Agreement. 1.164
10RB. Relief in tax payable under sub-section (1) of section 115JB due to
operation of sub-section (2D) of section 115JB.

10S. Renewing an agreement. 1.165
10T. Miscellaneous.
Safe Harbour Rules for International Transactions
10TA. Definitions.
10TB. Eligible assessee.
10TC. Eligible international transaction.
10TD. Safe Harbour.
10TE. Procedure.
Income-tax Rules, 1962
viii
10TF. Safe harbour rules not to apply in certain cases.
10TG. Mutual Agreement Procedure not to apply.
DC—Safe Harbour Rules for Specified Domestic Transactions
10TH. Definitions.
10THA. Eligible assessee.
10THB. Eligible specified domestic transaction.
10THC. Safe Harbour.
10THD. Procedure.
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.
10TIA. Safe Harbour
10TIB. Procedure
10TIC. Mutual Agreement Procedure not to apply.
DA. Application of General Anti Avoidance Rule
10U. Chapter X-A not to apply in certain cases.
10UA. Determination of consequences of impermissible avoidance
arrangement.

10UB. Notice, Forms for reference under section 144BA.
10UC. Time limits.
DE.- Approving Panel
10UD. Reference to the Approving Panel.
10UE. Procedure before the Approving Panel.
10UF. Remuneration.
10V. Guidelines for application of section 9A.
10VA. Approval of the fund.
10VB. Statement to be furnished by the fund.
11.
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.

11AA. Requirement for approval of institution of fund under clause (vi) of
sub-section (5) of section 80G.

11B. Conditions for allowance for deduction under section 80GG.
11C. Prescribed fields for the purposes of deduction in respect of
remuneration received from foreign employers or Indian concerns
under section 80RRA.

11D. [***]
11DD. Specified diseases and ailments for the purposes of deduction under
section 80DDB.

11E. [***]
Contents
ix
11EA. Guidelines for specifying industrially backward districts for the
purpose of deduction under [sub-section (5) of section 80-IB].

EE.-–Statement under the simplified procedure for taxation of retail
traders, etc., under Chapter XII-C
11EE. [***]
F.—National Committee for Promotion of Social and Economic
Welfare
11F. General.
11G. Composition of National Committee.
11H. Headquarters and Secretariat.
11-I. Functions.
11J. Guidelines for approval of associations and institutions.
11K. Guidelines for recommending projects or schemes.
11L. Application for approval of an association or institution or for
recommendation of a project or scheme by the National Committee.

11M. Procedure before the National Committee. 1.210
11MA. Form of report by an approved association or institution under clause
(ii) of sub-section (4) of section 35AC.

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.

11N. Other provisions.
11-O. Certificate of payment of expenditure in respect of eligible projects or
schemes notified under section 35AC.

11-OA. Guidelines for notification of affordable housing project as specified
business under section 35AD.

11-OB. Guidelines for notification of a semiconductor wafer fabrication
manufacturing unit as specified business under section 35AD.

G.—Tonnage tax scheme for shipping companies
11P. Application for exercising or renewing the option for tonnage tax
scheme.

11Q. Computation of deemed tonnage.
11R. Incidental activities for purposes of relevant shipping income.
11S. Computation of average of net tonnage for charter-in of tonnage.
11T. Form of report of an accountant under clause (ii) of section 115VW.
H.—Determination of fair market value of the property other than
immovable property
11U. Meaning of expressions used in determination of fair market value.
11UA. Determination of fair market value.
11UAA. Determination of Fair Market Value for share other than quoted share.
Income-tax Rules, 1962
x
11UAB. Determination of fair market value for inventory.
11UAC. Prescribed class of persons for the purpose of clause (xi) of the proviso
to clause (x) of sub-section (2) of section 56.

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

11UAD. Prescribed class of persons for the purpose of section 50CA.
11UAE. Computation of Fair Market Value of Capital Assets for the purposes
of section 50B of the Income-tax Act.

I- Determination of value of assets and apportionment of income in
certain cases
11UB. Fair market value of assets in certain cases.
11UC. Determination of Income attributable to assets in India.
11UD. Thresholds for the purposes of significant economic presence.
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.

11UF. Manner of furnishing undertaking under rule 11UE.
PART III ASSESSMENT PROCEDURE
12. Return of income and return of fringe benefits.
12A. Preparation of return by authorised representative.
12AA. Prescribed person for the purposes of clause (c) and clause (cd) of
section 140.

12AB. Conditions for furnishing return of income by persons referred to in
clause (b) of sub-section (1) of section 139.

12AC. Updated return of income.
12AD. Return of income under section 170A.
12B. [***]
12BA. [***]
12C. Statement under sub-section (2) of section 115U.
12CA. Statement under sub-section (4) of section 115UA.
12CB. Statement under sub-section (7) of section 115UB.
12CC. Statement under sub-section (4) of section 115TCA.
12D. Prescribed income-tax authority under section 133C.
12E. Prescribed authority under sub-section (2) of section 143.
12F. Prescribed income-tax authority under second proviso to clause (i) of
sub-section (1) of section 142.

13. Procedure to requisition services under sub-section (2) and to make a
reference under sub section (9D) of section 132.

13A. Valuation under sub-section (9D) of section 132.
Contents
xi
14. Form of verification under section 142.
14A. Forms for report of audit or inventory valuation under section 142(2A).
14B. Guidelines for the purposes of determining expenses for audit or
inventory valuation.

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.

15. Notice of demand for regular assessment, etc.
PART IIIA
AVOIDANCE OF REPETITIVE APPEALS
15A. Declaration under section 158A.
16. Application under section 158AB to defer filing of appeal before the
Appellate Tribunal or the jurisdictional High Court.

PART IV
TAX EXEMPTIONS AND RELIEFS
16A. Prescribed authority for approving any institution or body established
for scientific research.

16B. Prescribed authority for the purposes of clauses (8A) and (8B) of
section 10.

16C. Requirements for approval of a fund under section 10(23AAA).
16CC. Form of report of audit prescribed under tenth proviso to section
10(23C).

16D. Form of report for claiming deduction under section 10AA.
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.

16E. [***]
16F. [***]
17. Exercise of option, etc., under Explanation 3 to the third proviso to
clause (23C) of section 10 or section 11.

17A. Application for registration of charitable or religious trusts, etc.
17AA. Books of account and other documents to be kept and maintained.
17B. Audit report in the case of charitable or religious trusts, etc.
17C. Forms or modes of investment or deposits by a charitable or religious
trust or institution.

17CA. Functions of electoral trusts.
17CB. Method of valuation for the purposes of sub-section (2) of section
115TD.

17D. Prescribed foreign projects for the purposes of deduction in respect of
profits and gains from projects outside India under section 80HHB.

18. [***]
Income-tax Rules, 1962
xii
18A. [***]
18AA. [***]
18AAA. Prescribed Authority for approval of a university or any educational
institution of national eminence for the purpose of section 80G.

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.

18AAAAA. Guidelines for specifying an association or institution for the purposes
of notification under clause (c) of sub-section (2) of section 80G.

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.

18AAB. Prescribed authority for approval of companies engaged in Scientific
and Industrial Research and Development for the purposes of section
80-IA.
1.288
18B.
18BB.
18BBA.
18BBC. Prescribed authority for approval of hotels located in certain areas. 18BBD. Prescribed authority for approval of companies carrying on scientific
and industrial research and development.

18BBE. Computation of profits of certain activities forming integral part of a
highway project for the purpose of section 80-IA.

18C. Eligibility of Industrial Parks for benefits under section 80-IA(4)(iii). 1.291
18D. Prescribed authority for approval of companies carrying on scientific
research and development.

18DA. Prescribed conditions for deduction under sub-section (8A) of section
80-IB.

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.

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.

18DD.
18DDA.
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.


10IJ
Certificate to be issued by accountant under clause (23FF) of
section 10 of the Incometax Act, 1961


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


10IL
Verification by an Accountant under subrule (3) of rule
21AJAVerification


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,….


12BA
Statement showing particulars of perquisites, other fringe benefits
or amenities and profits in lieu of salary with value thereof


12BAA
Statement showing particulars for the purposes of subsection (2B)
of section 192


12BB
Statement showing particulars of claims by an employee for
deduction of tax under section 192


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


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


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


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


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


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)


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


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

Incometax Rules, 1962
xxx

Form No.
Pages
15G
Declaration under subsections (1) and (1A) of section 197A of the
Incometax 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


15 H
Declaration under subsection (1C) of section 197A of the
Incometax Act, 1961, to be made by an individual who is of the age
of sixtyfive years or more claiming certain receipts without
deduction of tax


15I
Forms 15I, 15J (Omitted) 2.359
16
Certificate under section 203 of the Incometax Act, 1961 for Tax
deducted at source on Salary


16A
Certificate under section 203 of the Incometax Act, 1961 for Tax
deducted at source


16AA
Omitted 
16B
Certificate under section 203 of the Incometax Act, 1961 for tax
deducted at source


16C
Certificate under section 203 of the Incometax Act, 1961 for tax
deducted at source


16D
Certificate under section 203 of the Incometax Act, 1961 for tax
deducted at source


16E
Certificate under section 203 of the Incometax Act, 1961 for tax
deducted at source

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


26
(Omitted) 
26A
Form for furnishing accountant certificate under the first proviso
to subsection (1) of section 201 of the Incometax Act, 1961


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


26B
Form to be filed by the deductor, if he claims refund of sum paid
under Chapter XVIIB of the Incometax Act, 1961


26Q
Quarterly statement of deduction of tax under subsection (3) of
section 200 of the Incometax Act, 1961 in respect of all payments
other than Salary for the quarter ended
June/September/December/March (tick whichever applicable)…(year)

Contents
xxxi

Form No.
Pages
26QA
Particulars required to be maintained for furnishing quarterly
return under section 206A


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


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


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


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)


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)


27BA
Form for furnishing accountant certificate under first proviso to
subsection (6A) of section 206C of the Incometax Act, 1961


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


27D
Certificate under section 206C of the Incometax Act, 1961 for Tax
collected at source


27E
(Omitted) 2.427
27EQ
Quarterly statement of Tax Collection at Source under section
206C of Incometax Act, 1961 for the quarter ended
June/September/December/March (tick whichever
applicable)…(year)


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


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

Incometax Rules, 1962
xxxii

Form No.
Pages
28A
Intimation to the Assessing Officer under section 210(5) regarding
the notice of demand under section 156 of the Incometax Act, 1961
for payment of advance tax under section 210(3)/210(4) of the Act


29B
Report under Section 115JB of the Incometax Act, 1961 for
computing the book profits of the company


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


29D
Application by a person under section 239A of the Incometax Act,
1961 for refund of tax deducted


30
(Omitted) 
30A
Form of undertaking to be furnished under subsection (1) of
section 230 of the Incometax Act, 1961


30B
Objection Certificate for a person not domiciled in India under
section 230(1) of the Incometax Act, 1961


30C
Form for furnishing the details under section 230(1A) of the
Incometax Act, 1961


31
Application for a certificate under the first proviso to subsection
(1A) of section 230 of the Incometax Act, 1961


33
Clearance certificate under the first proviso to subsection (1A) of
section 230 of the Incometax Act, 1961


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 incometax Act, 1961


34BC
Application to the Dispute Resolution Committee 2.462
34C
Form of application for obtaining an advance ruling under section
245Q(1) of the Incometax Act, 1961


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

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


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 Incometax Act, 1961


34EA
Form of application for obtaining an advance ruling under section
245Q(1) of the Incometax Act, 1961

Contents
xxxiii

Form No.
Pages
34F
Form of application for giving effect to the terms of any agreement
under clause (h) of subsection (2) of section 295 of the Incometax
Act, 1961


35
Appeal to the Commissioner of Incometax (Appeals) 
36
Form of appeal to the Appellate Tribunal 
36A
Form of memorandum of crossobjections to the Appellate
Tribunal 490


37
Forms 37, 37EE, 37F, 37G, 37H, 37I (Omitted) 
38
Register of incometax practitioners maintained by the Chief
Commissioner or Commissioner of Incometax


39
Form of application for registration as authorised income tax
practitioner


40
Certificate of registration 
40A
Form of nomination
40B
Form for modifying nomination 
40C
Application for recognition 
41
Form for maintaining accounts of subscribers to a recognised
provident fund


42
Appeal against refusal to recognise or withdrawal of recognition
from a provident fund


43
Appeal against refusal to approve or withdrawal of approval from
a superannuation fund


44
Appeal against refusal to approve or withdrawal of approval from
a gratuity fund


45
Warrant of authorisation under section 132 of the Incometax Act,
1961, and rule 112(1) of the Incometax Rules, 1962


45A
Warrant of authorisation under the proviso to subsection (1) of
section 132 of the Incometax Act, 1961


45B
Warrant of authorisation under subsection (1A) of section 132 of
the Incometax Act, 1961


45C
Warrant of authorisation under subsection (1) of section 132A of
the Incometax Act, 1961


45D
Information to be furnished to the incometax authority under
section 133B of the Incometax Act, 1961


46
Application for information under clause (b) of subsection (1) of
section 138 of the Incometax Act, 1961


47
Form for furnishing information under clause (b) of subsection (1)
of section 138 of the Incometax Act, 1961


48
Form for intimating nonavailability of information under clause
(b) of subsection (1) of section 138 of the Incometax Act, 1961

Incometax Rules, 1962
xxxiv

Form No.
Pages
49
Refusal to supply information under clause (b) of subsection (1) of
section 138 of the Incometax Act, 1961


49A
Application for allotment of Permanent Account Number under
section 139A of the Incometax Act, 1961


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


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


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


49C
Annual Statement under section 285 of the Incometax Act, 1961 
49D
Information and documents to be furnished by an Indian concern
under section 285A


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


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


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


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 Incometax Act, 1961 to the
National Committee on a notified eligible project or scheme


59
Application for approval of issue of public companies under
section 88(2)(xvi) of the Incometax Act


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

Contents
xxxv

Form No.
Pages
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


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
incometax in respect of transactions specified in clauses (a) to (h)
of rule 114B


61A
Statement of Specified Financial Transactions under section
285BA(1) of the Incometax Act, 1961


61B
Statement of Reportable Account under subsection (1) section
285BA of the Incometax Act, 1961


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


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


64A
Statement of income distributed by a business trust to be furnished
under section 115UA of the Incometax Act, 1961


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


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


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


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


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


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


66
Audit Report under clause (ii) of section 115VW of the Incometax Act, 1961

67
Statement of income from a country or specified territory outside
India and Foreign Tax Credit

Incometax Rules, 1962
xxxvi

Form No.
Pages
68
Form of application under section 270AA(2) of the Incometax Act,1961

69
Application for recomputation of income under subsection (18) of section 155

70
Intimation to the Assessing Officer of the payment of tax on
income recomputed under subsection (18) of section 155


71
Application under subsection (20) of section 155 for credit of tax
deduction at source (TDS)


DIVISION III ALLIED RULES & SCHEMES

Allied Rules
Page
The Incometax (Certificate Proceedings) Rules, 1962
 
The Income Tax Appellate Tribunal Rules, 1963
 
National Savings Certificates (VIII Issue) Rules, 1989
 
National Savings Scheme Rules, 1992
 
Authority for Advance Rulings (Procedure) Rules, 1996

The Incometax Settlement Commission (Procedure) Rules, 1997
 
Securities Transaction Tax Rules, 2004
 
Incometax Welfare Fund Rules, 2007
 
Incometax (Dispute Resolution Panel) Rules, 2009
 
The Incometax Ombudsman Guidelines 2010
 
National Savings Certificates (IXIssue) Rules, 2011
 
Sukanya Samriddhi Account Rules, 2016
 
Equalisation Levy Rules, 2016
 
Bank Term Deposit Scheme, 2006
 
Capital Gains Accounts Scheme, 1988
 
Centralised Processing of Returns Scheme, 2011

Centralised Processing of Statements of Tax Deducted at Source Scheme, 2013
 
Commodities Transaction Tax Rules, 2013
 
Centralised Verification Scheme, 2019

Deposit Scheme for Retiring Employees of Public Sector Companies, 1991
 
Deposit Scheme for Retiring Government Employees, 1989
 
Direction that the Provisions of the Incometax 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


The Prohibition of Benami Property Transactions Rules, 2016
 

Contents
xxxvii

Allied Rules
Page
Electoral Trusts Scheme, 2013
 
Electronic Filing of Returns of Tax Collected at Source Scheme, 2005
 
Electronic Furnishing of Return of Income Scheme, 2007
 
Employees’ Stock Option Plan or Scheme
 
Equity Linked Savings Scheme, 2005
 
Furnishing of Return of Income on Internet Scheme, 2004
 
Industrial Park Scheme, 2008
 
Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through
Depository Receipt Mechanism) Scheme, 1993


Issue of Foreign Currency Exchangeable Bonds Scheme, 2008

Rajiv Gandhi Equity Savings Scheme, 2012
 
Rajiv Gandhi Equity Savings Scheme, 2013
 
Reverse Mortgage Scheme, 2008
 
Scheme for Bulk Filing of Returns by Salaried Employees, 2002
 
Scheme for Filing of Returns by Salaried Employees through Employer, 2004
 
Scheme for Furnishing of Paper Returns of Tax Collected at Source, 2005
 
Scheme for Furnishing of Paper Returns of Tax Deducted at Source, 2005

Scheme to Develop, Operate and Maintain Special Economic Zones

Securities Lending Scheme, 1997
 
Site Restoration Fund Scheme, 1999
 
Software Technology Parks Scheme
 
Sovereign Gold Bonds Scheme, 2015
 
Tax Return Preparer Scheme, 2006
 
Faceless Assessment Scheme, 2019
 
Faceless Appeal Scheme, 2020
 
Faceless Penalty Scheme, 2021
 
National Pension Scheme Tier II Tax Saver Scheme, 2020

The Direct Tax Vivad Se Vishwas Rules, 2020
 
eSettlement Scheme, 2021
 
eVerification Scheme, 2021
 
The Faceless Appeal Scheme, 2021
 
Relaxation of Validation (section 119 of the Finance Act, 2012) Rules, 2021
 
eAdvance Rulings Scheme, 2022
 
Faceless Jurisdiction of Income tax Authorities Scheme, 2022
3.
eAssessment of Income Escaping Assessment Scheme, 2022
 

Incometax Rules, 1962
xxxviii

Allied Rules
Page
Faceless Inquiry or Valuation Scheme, 2022
 
eDispute Resolution Scheme, 2022
 
Centralised Processing of Equalisation Levy Statement Scheme, 2023
 
eAppeals Scheme, 2023
 
Direct Tax Vivad se Vishwas Rules, 20

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