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Income-tax (26th Amendment) Rules, 2021
September, 04th 2021

 

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 2nd September, 2021

(INCOME-TAX)

G.S.R. 612(E).—In exercise of the powers conferred by sections 194P and 206AB read with section 295 of
the Income-tax Act, 1961, (43 of 1961) the Central Board of Direct Taxes hereby makes the following rules further to
amend the Income-tax Rules, 1962, namely:-
1. Short title and commencement. –– (1) These rules may be called the Income-tax (26th Amendment) Rules, 2021.

(2) They shall come into force from the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), after rule 26C, the following rule shall
be inserted, namely:-

“26D.Furnishing of declaration and evidence of claims by specified senior citizen under section 194P.-(1) The
declaration required to be furnished by the specified senior citizen to the specified bank under sub-clause (iii) of
clause (b) of explanation to section 194P shall be in Form no. 12BBA to be furnished in paper form duly verified.

(2) On furnishing of the declaration in Form No. 12BBA, the specified bank shall, after giving effect to the deduction
allowable under Chapter VI-A and rebate allowable under section 87A, compute the total income of such specified
senior citizen for the relevant assessment year and deduct income-tax on such total income on the basis of the rates in
force.

(3) The effect to the deduction allowable under Chapter VI-A shall be given based on the evidence furnished by the
specified senior citizen during the previous year.

(4) The declaration referred to in sub-rule (1) and evidence for claiming deduction under Chapter VI-A referred to in
sub-rule (3) shall be properly maintained by the Specified Bank and shall be made available to the Principal Chief
Commissioner of Income-tax or Chief Commissioner of Income-tax, as and when required.

(5) The Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the
case may be, shall specify procedure for furnishing of particulars of Form No. 12BBA referred to in sub-rule (1) and
evidence referred to in sub-rule (3) by the specified banks to the Principal Chief Commissioner of Income-tax or Chief
Commissioner of Income-tax, as and when required.”.

3. In the principal rules, in rule 31, in sub-rule (1), in clause (a), after the word and figures “section 192”, the words,
figures and letter “and section 194P” shall be inserted.

4. In the principal rules, in rule 31A,-

(i) in sub-rule (1), -

(I) in clause (a), after the word and figures “section 192”, the words, figures and letter “and section 194P”
shall be inserted;

(II) in clause (b), after the words, figures and letter “section 193 to 196D”, the brackets, words, figures
and letter “(other than section 194P)” shall be inserted;

(ii) after sub-rule (3A), the following sub-rule shall be inserted, namely:-

“(3B) Specified bank responsible for deduction of tax under section 194P shall furnish evidence produced by the
specified senior citizen for claiming deduction under chapter VI-A to the Principal Director General of Income-tax
(Systems) or Director General of Income-tax (Systems) or to any other person authorised by the Principal Director
General of Income-tax (Systems) or Director General of Income-tax (Systems), as and when required.”.

5. In the principal rules, in Appendix II,-

(i) after Form No.12BB, the following Form shall be inserted, namely:-
28 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

“Form no. 12BBA

(see rule 26D)

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

(1) Name and address of the person :

(2) PAN or Aadhaar :

(3) Previous Year :

(4) Date of Birth :

(5) Name of the Specified Bank :

(6) Name of Employer from which pension is drawn :

(7) Pension Payment Order (PPO) Number :

Verification

I, .............. son/daughter of ...................... do hereby certify that the information given above is complete and correct
and that I do not have any income other than the income of the nature of pension and/or interest which is received or
receivable only in the account(s) of the specified bank stated above

Date ................ ……………
Place ..............
(Signature of person)
(ii) For Form No. 16, the following Form shall be substituted, namely:- Full Name: ...................... .”;

“FORM NO. 16
[See rule 31(1)(a)]

PART A
Certificate under section 203 of the Income-tax Act, 1961 for tax deducted at source on salary paid to an

employee under section 192 or pension/interest income of specified senior citizen under section 194P

Certificate No. Last updated on

Name and address of the Employer/Specified Name and address of the Employee/ Specified senior
Bank citizen

PAN of Deductor TAN of the Deductor PAN of the Employee/ Employee Reference No./
specificed senior Pension Payment order no.
citizen
provided by the Employer

(If available)

CIT (TDS) Assessment Year Period with the Employer
Address……………………………
From To

……………………………………..
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 29

City………………………………….
Pin code…………………
Summary of amount paid/credited and tax deducted at source thereon in respect of the employee

Quarter(s) Receipt Numbers of original Amount Amount of tax Amount of tax
quarterly statement of TDS paid/ deducted deposited/ remitted

under sub section (3) of credited (Rs.) (Rs.)
Section 200

Total (Rs.)

I. DETAILS OF TAX DEDUCTED AND DEPOSITED IN THE CENTRAL

GOVERNMENT ACCOUNT THROUGH BOOK ADJUSTMENT (the deductor to provide payment wise
details of tax deducted and deposited with respect to the deductee)

Sl. No. Tax Deposited in Book Identification Number (BIN)
respect of the deductee
Receipt DDO serial Date of Status of
(Rs. ) numbers of number in transfer matching
Form No. Form No. voucher with Form
dd/mm/yyyy No. 24G
24G 24G

Total (Rs. )

II. DETAILS OF TAX DEDUCTED AND DEPOSITED IN THE CENTRAL GOVERNMENT ACCOUNT
THROUGH CHALLAN

(The deductor to provide payment wise details of tax deductedand deposited with respect to the deductee)

Sl. No. Tax Deposited in Challan Identification Number (CIN)
respect of the
deductee (Rs. )

BSR Code of Date on which Challan Status of
the Bank tax Serial matching
Branch Number
deposited with
OLTAS
(dd/mm/yyyy)

TOTAL
(Rs.)
30 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

Verification

I,…………….………......….,son/daughter of ………… working in the capacity of …………………..(designation) do

hereby certify that a sum of

Rs………….[Rs………………………………………………………………………………………………………(in

words)] has been deducted and deposited to the credit of the Central Government. I further certify that the information

given above is true, complete and correct and is based on the books of account, documents, TDS statements, TDS

deposited and other available records.

Place…………………………... (Signature of person responsible for deduction of tax)
Date………………………….... Full Name: .....................
Designation:………………..

PART B (Annexure-I)

In relation to employees for tax deduction under section 192

Details of Salary Paid and any other income and tax deducted [YES/NO]

A Whether opting for taxation u/s 115BAC? Rs. ...
Rs. ...
1. Gross Salary Rs. ...

(a) Salary as per provisions contained in section 17(1) Rs. ...
Rs. ...
Value of perquisites under section 17(2) (as per Form No.
(b) 12BA, wherever applicable) Rs. ...
Rs. ...
Profits in lieu of salary under section 17(3) (as per Form No. Rs. ...
(c) 12BA, wherever applicable) Rs. ...
Rs. ...
(d) Total

Reported total amount of salary received from other
(e) employer (s)

2. Less: Allowances to the extent exempt under section 10
(a) Travel concession or assistance under section 10(5)

(b) Death-cum-retirement gratuity under section 10(10)
(c) Commuted value of pension under section 10(10A)

Cash equivalent of leave salary encashment under section
(d) 10(10AA)
(e) House rent allowance under section 10(13A)
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 31

(f) Amount of any other exemption under section 10

clause … Rs. ...

clause … Rs. ...

clause … Rs. ...

clause … Rs. ...

clause … Rs. ...

… Rs. ...

(g) Total amount of any other exemption under section 10 Rs. ...

(h) Total amount of exemption claimed under section 10 Rs. ...
Rs. ...
[2(a)+2(b)+2(c)+2(d)+2(e)+2(g)]
Rs. ...
3. Total amount of salary received from current employer Rs. ...

[1(d)-2(h)]

4. Less: Deductions under section 16

(a) Standard deduction under section 16(ia) Rs. ...

(b) Entertainment allowance under section 16(ii) Rs. ...

(c) Tax on employment under section 16(iii) Rs. ...

5. Total amount of deductions under section 16

[4(a)+4(b)+4(c)]

6. Income chargeable under the head "Salaries" [(3+1(e)-5]

7. Add: Any other income reported by the employee under as per section 192 (2B)

(a) Income (or admissible loss) from house property reported Rs. ...

by employee offered for TDS

(b) Income under the head Other Sources offered for TDS Rs. ...
Total amount of other income reported by the
Rs. ...
8. employee[7(a)+7(b)] Rs. ...
9. Gross total income (6+8)
10. Deductions under Chapter VI-A Gross Deductible Amount
Amount
(a) Deduction in respect of life insurance premia, Rs. ... Rs. ...
contributions to provident fund etc. under section 80C

Deduction in respect of contribution to certain pension funds Rs. ... Rs. ...
(b) under section 80CCC Rs. ... Rs. ...
(c) Deduction in respect of contribution by taxpayer to
Rs. ... Rs. ...
pension scheme under section 80CCD (1)

(d) Total deduction under section 80C, 80CCC and 80CCD(1)
32 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

Deductions in respect of amount paid/deposited to notified Rs. ... Rs. ...
(e) pension scheme under section 80CCD (1B)

Deduction in respect of contribution by Employer to pension Rs. ... Rs. ...
(f) scheme under section 80CCCD (2)

Deduction in respect of health insurance premia under Rs. ... Rs. ...
(g) section 80D

Deduction in respect of interest on loan taken for higher Rs. ... Rs. ...
(h) education under section 80E

Gross Qualifying Deductible Amount

Amount Amount

Total Deduction in respect of donations to certain funds, Rs. ... Rs. ... Rs. ...
(i) charitable institutions, etc. under section 80G

Deduction in respect of interest on deposits in savings Rs. ... Rs. ... Rs. ...
(j) account under section 80TTA

(k) Amount deductible under any other provision(s) of Chapter VI‐A

section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...

… Rs. ... Rs. ... Rs. ...

Total of amount deductible under any other provision(s) of

(l) Chapter VI‐A Rs. ... Rs. ... Rs. ...
Rs. ...
Aggregate of deductible amount under Chapter VI-A [10(a)
+10(b) +10(c)+ 10(d)+ 10(e)+ 10(f)+ 10(g)+ 10(h)+ 10(i) +
11. 10(j)+10(l)]

12. Total taxable income (9-11) Rs. ...

13. Tax on total income Rs. ...

14. Rebate under section 87A, if applicable Rs. ...

15. Surcharge, wherever applicable Rs. ...

16. Health and education cess @ 4% Rs. ...
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 33
17.Tax payable (13+15+16-14)
Rs. ...
18.Less: Relief under section 89 (attach details) Rs. ...
Rs. ...
19.Net tax payable (17-18)

Verification

I, …………………………….., son/daughter of ……………………………………….working in the capacity of
.………………………......... (designation) do hereby certify that the information given above is true, complete and
correct and is based on the books of account, documents, TDS statements, and other available records.

Place…………………………......… (Signature of person responsible for deduction of tax)
Date………………………….......… Full Name : ……………………………

Annexure II

In relation to specified senior citizen for tax deduction under section 194P [YES/NO]

A Whether opting for taxation u/s 115BAC? Rs. ...
1. Gross Salary
(a) Pension as per provisions contained in clause (ii) of section 17(1) Rs. ...
2. Total amount of salary received
3. Less: Deductions under section 16 Rs…. Rs. ...
(a) Standard deduction undersection 16(ia) Rs. ... Rs. ...
(b) Tax on employment undersection 16(iii)
4. Total amount of deductions under section 16 [3(a)+3(b)] Rs. ... Rs. ...
5. Income chargeable under the head "Salaries" [(2-4]
6. Interest Income under the head Other Sources paid by the Gross Deductible
Amount Amount
specified bank Rs. ... Rs. ...
7. Gross total income (5+6)
8. Deductions under Chapter VI-A Rs. ... Rs. ...

(a) Deduction in respect of life insurance premia, contributions to Rs. ... Rs. ...
provident fund etc. under section 80C

(b) Deduction in respect of contribution to certain pension funds
under section 80CCC

(c) Deduction in respect of contribution by taxpayer to pension
scheme under section 80CCD(1)
34 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

(d) Total deduction under section 80C, 80CCC and 80CCD (1) Rs. ... Rs. ...

(e) Deductions in respect of amount paid/deposited to notified Rs. ... Rs. ...
pension scheme under section 80CCD (1B)

(b) Deduction in respect of health insurance premia under section Rs. ... Rs. ...
80D

(e) Deduction in respect of interest on loan taken for higher education Rs. ... Rs. ...
under section 80E

Gross Qualifying Deductible
Amount Amount Amount

(f) Total Deduction in respect of donations to certain funds, Rs. ... Rs. ... Rs. ...
charitable institutions, etc. under section 80G

(g) Deduction in respect of interest on deposits in savings account Rs. ... Rs. ... Rs. ...
under section 80TTB

(h) Amount deductible under any other provision(s) of Chapter VI‐A

section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...
section … Rs. ... Rs. ... Rs. ...
… Rs. ... Rs. ... Rs. ...
(i) Total of amount deductible under any other provision(s) of Rs. ... Rs. ... Rs. ...
Chapter VI‐A
9. Aggregate of deductible amount under Chapter VI-A Rs. ...
[8(a)+8(b)+8(c)+8(d)+8(e)+8(f)+8(g)+8(h)+8(i)]
10. Total taxable income (7-9) Rs. ...
11. Tax on total income Rs. ...
12. Rebate under section 87A, if applicable Rs. ...
13. Surcharge, wherever applicable Rs. ...
14. Health and education cess Rs. ...
15. Tax payable (11+13+14-12) Rs. ...
16. Less: Relief under section 89 (attach details) Rs. ...
17. Net tax payable (16-17) Rs. ...

Verification

I, …………………………….., son/daughter of ……………………………………….working in the capacity of
.………………………......... (designation) do hereby certify that the information given above is true, complete and
correct and is based on the books of account, documents, TDS statements, and other available records.

Place…………………………......… (Signature of person responsible for deduction of tax)

Date………………………….......… Full Name : ……………………………
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 35

Notes:

1. Government deductors to fill information in item I of Part A if tax is paid without production of an income-tax
challan and in item II of Part A if tax is paid accompanied by an income-tax challan.

2. Non-Government deductors to fill information in item II of Part A.

3. The deductor shall furnish the address of the Commissioner of Income-tax (TDS) having jurisdiction as regards
TDS statements of the assessee.

4. If an assessee is employed under one employer only during the year, certificate in Form No. 16 issued for the
quarter ending on 31st March 2021 of the financial year shall contain the details of tax deducted and deposited for all
the quarters of the financial year.

5. (i) If an assessee is employed under more than one employer during the year, each of the employers shall issue
Part A of the certificate in Form No. 16 pertaining to the period for which such assessee was employed with each of
the employers.

(ii) Part B (Annexure-I) of the certificate in Form No.16 may be issued by each of the employers or the last
employer at the option of the assessee.

(iii) Part B (Annexure-II) of the certificate in Form 16 may be issued by the specified bank to a specified senior
citizen.

6. In Part A, in items I and II, in the column for tax deposited in respect of deductee, furnish total amount of tax,
surcharge and health and education cess.

7. Deductor shall duly fill details, where available, in item numbers 2(f) and 10(k) before furnishing of Part B
(Annexure) to the employee.”;

(iii) for Form No. 24Q, the following Form shall be substituted, namely:-
36 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

FORM NO. 24Q
[See section 192, 194P and rule 31A]

Quarterly statement of deduction of tax under sub-section (3) of section 200 of the Income-tax Act in respect of salary paid to employee under section 192, or income of specified senior citizen under section
194P, forthe quarter ended ……….. (June/September/December/March) ……..(Financial Year

1. (a) Tax Deductionand (d) Has the statement been filed earlier for this quarter (Yes/No)
Collection Account (e) If answer to (d) is"Yes", then token No.of original statement
Number (TAN) (f) Type of Deductor [See Note 2]

(b) Permanent

Account Number

(PAN) [See Note 1]

(c) Financial Year -

2. Particulars of the
Deductor (employer)

(a) Name of the employer

(b) If Central/State Government

Name (See Note 3)

AIN Code of
PAO/TO/CDDO

(c) TAN Registration
No.

(d) Address
Flat No..
Name of the premises/building
Road/Street/Lane Area/Location
Town/City/District State
PIN Code
Telephone No.
Alternate telephone No. (See Note 4)
Email

Alternate email (See Note 4

3. Particulars of the person responsible for deduction
of tax: (a) Name

(b) Address

Flat No.

Name of the premises/building

Road/Street/Lane Area/Location
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 37

Town/City/ District / State
PIN Code
Telephone No.
Alternate telephone No. (See Note 4)
Email
Alternate email (See Note 4)

Mobile No.

4. Details of tax deducted and paid to the credit of the Central Government:

Sl. No. Tax Surcharge Education Interest Fee (See Penalty/Others Total amount deposited as Mode of TDS BSR Challan Serial Date on Minor Head of
Cess Note 12) Code/receipt No./DDO Serial which Challan (See Note
per challan/ Book deposit through number of amount
form no. 24G no. of Form deposited 9)
Adjustment Challan (C) (See note 8) 24G (See Note through

(302+303+304+305+306+307) /Book 8)

(see note 6) Adjustment (B)

(See Note 7) challan/ Date

of transfer

voucher

(SeeNote8)

[301] [302] [303] [304] [305] [306] [30A] [308] [309] [310] [311] [312] [313]
1
2
3

5. Details of salary paid and tax deducted thereon from the employees-
(i) enclose Annexure I along with each statement having details of the relevant quarter;
(ii) enclose Annexure II along with the last statement, i.e., for the quarter ending 31st March having details for the whole financial year.
(iii) enclose Annexure III along with the last statement, i.e., for the quarter ending 31st March having details for the whole financial year.

Verification

I, ....................................................................................... , hereby certify that all the particulars furnished above are correct andcomplete.

………………...……………………….

Place:………………………………………. Signature of the person responsible for deducting tax atsource

Date:………………………………………. Name and designation of the person responsible for deducting tax atsource

Notes:
38 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

1. It is mandatory for non-Government deductors to quote PAN. In case of Government deductors,"PANNOTREQD" should be mentioned.
2. Please indicate Government deductor or non-Government deductor.
3. In case of Central Government, please mention name of Ministry/Department. In case of State Government, please mention name of theState.
4. In alternate telephone number and alternate email, please furnish the telephone number and email of a person 3ho can be contacted in the absence of deductor or person responsible for deduction of tax.
5. Fee paid under section 234E for late filling of TDS statement to be mentioned in separate column of' Fee(column306)
6. In column308, Government DDOs to mention the amount of TDS remitted by the PAO/TO/CDDO. Other deductors to write the exact amount of TDS deposited through challan.
7. In column 309, Government deductors to write "B" where TDS is remitted to the credit of Central Government through book adjustment. Other deductors to write"C".
8. Challan/Transfer Voucher (CIN/BIN) particulars, i.e. 310, 311, 312 should be exactly the same as available at Tax Information Network.
9. In column 313, mention minor head as marked on the challan.

BSR Code of branch/Receipt Number of Form no. 24G ANNEXURE - I: DEDUCTEE WISE BREAK UP OF TDS
(Please use separate Annexure for each line – item in the table at Sl. No. 04 of main Form 24Q)
Date on which challan deposited/Transfer voucher date (dd/mm/yyyy)
Challan Serial Number/DDO Serial No. of Form 24G Details of salary paid and tax deducted therefrom from the employees
Amount as per Challan
Total TDS to be allocated among deductees as in the vertical total of col. 326 Name of the
Total Interest to be allocated among deductees below Employer
TAN

Sl. No. Employee PAN of the Name of Section Date of Date of Amount Tax Surcharge Education Total TDS Total TDS Date of Reason for Number of the
[314] reference employee/ Cess
number specified the Code payment/ deduction Paid or (Total of deposited deposit non-deduction/ certificate u/s
provided by senior [323] [324]
employer/ citizen employee/ [See Note credit (dd/mm/yyyy) Credited column Rs. (dd/mm/yyyy) lower 197 issued by the
PPO
number , if specified 4] (dd/mm/yyyy) 322, 323, deduction/ Assessing
available
senior 324) higher Officer for non-

citizen deduction [See deduction/lower

Notes 1,2 and deduction

3]

[315] [316] [31A] [318] [319] [320] [321] [322] [325] [326] [32A] [328] [329]

1
2
3
Total
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 39

Verification

I, ..................................................................................................................... , hereby certify that all the particulars furnished
above are correct and complete.

place: ………………….. Signature of the person responsible for deducting tax at source ……………………………….

Date: ………………….. Name and designation of the person responsible for deducting tax at ……………………………….
Notes:
source .

1 Write "A" if certificate has been given by the Assessing Officer for deduction of tax at lower rate under section 197. PAN of employee is mandatory in such cases.

2 Write "B" if certificate has been given by the Assessing Officer for no deduction of tax under section 197. PAN of employee is mandatory in such cases.

3 Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee.

4 List of section codes is asunder:

Section Nature of Payment Section Code
92A
192 Payment to Government employees other than Inion Government 92B
employees 92C
94P
192 Payment to employees other than Government employees

192 Payment to Indian Government employees

194P Payment to Specified Senior Citizen
40 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

Annexure II

Details of salary paid or credited during the financial year ………………………….and net tax payable (under section 192)

Serial Permanent Name of Whether Deductee Date from and (a) Gross (b) Value of (c) Profits in Total amount
number.
Account the opting for type date up to Salary as perquisites under lieu of salary of gross
(330)
Number of employee. taxation (Senior employed with per section 17(2) under section salary

the u/s Citizen, current provisions (as per 17(3) received from

employee. 115BAC Super employer in the contained FormNo.12BA, (as per Form current

Senior current financial in section wherever No.12BA, employer (see

[Yes/No] Citizen, year 17(1). applicable). wherever Note 1 for

Others). (dd/mm/yyyy). applicable). definition of

Salary).

(331) (332A) (332B) (333) (334) (335) (336) (337) (338)

Reported total Travel Death-cum- Commuted Cash House rent PAN of Amount Total amount of exemption Total
amount of concession or retirement value of equivalent of allowance landlord, if of any claimed under section 10 deduction
salary received assistance gratuity under pension leave salary under section exemption is other (340+341+342+343+344+346). under
from other under section section under section encashment 10(13A). claimed under exemption section
employer(s) 10(5). 10(10). 10(10A). under section section under 16(ia).
(see Note 1 for 10(10AA). 10(13A) (see section
definition of Note 3). 10.
Salary).
(340) (341) (342) (343) (344) (345) (346) (347) (348)
(339)
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 41

Total Total Income Income (or PAN of Income under Gross total Deduction in respect Deduction in respect Deduction in respect
deduction deduction chargeable admissible lender, if the head income of life insurance of contribution to of contribution by
under under under the head loss) from interest on other sources (351+352+ premia, certain pension taxpayer to notified
section section "Salaries" house housing offered for 354). contributions to funds under section pension scheme
16(ii). 16(iii). [338+339- property loan is TDS as per provident fund etc. 80CCC. under section
(347+348+ reported by claimed section 192 under section 80C. 80CCD(1)
(349) (350) 349+350)]. employee under (2B).
offered for section
TDS as per 24(b) (see
section 192 Note 4).
(2B).
Gross Deductible Gross Deductible Gross Deductible
amount amount amount amount amount amount

(351) (352) (353) (354) (355) (356) (357) (358) (359) (360) (361)

Deduction in Deduction in Deduction in Deduction in Total deduction in respect Deduction in respect of Amount deductible under Total amount
respect of respect of respect of health respect of of donations to certain interest on deposits in any other provision (s) of deductible under
amount paid contribution by insurance interest on loan funds, charitable savings account under Chapter VI‐A. Chapter VI‐A
or deposited employer to premia under taken for higher institutions, etc. under section 80TTA. [357+359+361
under notified pension section 80D. education under section 80G. (limited to Rs.
notified scheme under section 80E. 1,50,000) +363
pension section +365+367+369+3
scheme 80CCD(2). 72+375+378].
under
section Gross Dedu Gross Dedu Gross Dedu Gross Quali Dedu Gross Quali Dedu Gross Quali Dedu (379)
80CCD(1B). amount ctible amount ctible amount ctible amount fying ctible amount fying ctible amount fying ctible
Gro Dedu amou amou amou amou amou amou amou amou amou
ss ctible (364) nt (366) nt (368) nt (370) nt nt (373) nt nt (376) nt nt
amo amou
unt nt (365) (367) (369) (371) (372) (374) (375) (377) (378)

(362) (363)
42 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

Total taxable Income-tax Rebate under Surcharge, Health Income‐tax Net tax liability Total amount of Reported Total Shortfall in tax
section 87A, wherever and relief under [381+383+384- tax deducted at amount of tax amount of deduction (+) or
income on total if applicable. applicable. education section 89, (382+385)]. source by the deducted at tax excess tax
cess. when salary, current source by other deducted deduction (‐)
(355-379). income. etc. is paid (386) employer for the employer(s) or at source (386-389).
(384) in arrear or whole year deductor(s) for the
(380) (381) (382) (383) advance. [aggregate of (income in whole year (390)
the amount in respect of which (387+388).
(385) columns 325 of included in
Annexure I for computing total (389)
all the quarters taxable income
in respect of in column 339).
each employee].
(388)
(387)

Notes:

1. Salary includes wages, annuity, pension, gratuity (other than exempted under section 10(10), fees, commission, bonus, repayment of amount deposited under the Additional
Emoluments (Compulsory Deposit) Act, 1974 (37 of 1974), perquisites, profits in lieu of or in addition to any salary or wages including payments made at or in connection with
termination of employment, advance of salary, any payment received in respect of any period of leave not availed (other than exempted under section 10 (10AA), any annual
accretion to the balance of the account in a recognised provident fund chargeable to tax in accordance with rule 6 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any
sums deemed to be income received by the employee in accordance with sub‐rule (4) of rule 11 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any contribution
made by the Central Government to the account of the employee under a pension scheme referred to in section 80CCD or any other sums chargeable to income-tax under the head
'Salaries'.

2. Where an employer deducts from the emoluments paid to an employee or pays on his behalf any contributions of that employee to any approved superannuation fund, all such
deductions or payments should be included in the statement.

3. Permanent Account Number of landlord shall be mandatorily furnished where the aggregate rent paid during the previous year exceeds one lakh rupees.

4. Permanent Account Number of lender shall be mandatorily furnished where the housing loan, on which interest is paid, is taken from a person other than a Financial Institution
or the Employer.
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 43

Annexure III

Details of pension and interest income paid or credited during the financial year……….and net tax payable (under section 194P)

Sl. Permanent Name of Deductee Whether Gross Deduction under section 16 Income Interest Income Gross Total
No. Account the type opting for under the under the other Income
Number/ Specified (senior taxation u/s Pension as sources paid by
(391) Aadhaar of Senior citizen/ 115BAC head the specified (402) = (400)+
the Specified Citizen super senior [Yes/No] per provisions ‘Salaries’ bank (401)
Senior citizen)
Citizen (393) contained in (400) = (396)- (401)
(398)
(392) clause (ii) Standard Tax on Total
section 17(1). deduction u/s employment

16(ia) (16(iii))

(394) (395) (396) (397) (398) (399) =

(397) +

(398)

Deduction in Deduction in Deduction in respect Total Deduction Deductions in Deduction in Deduction in Deduction in respect Deduction in respect of
respect of life respect of of contribution by u/s 80C, 80CCC respect of loan of donations to certain interest on deposits in
insurance contribution to taxpayer to pension and 80CCD(1) respect of respect of taken for funds, charitable savings account u/s
premia, certain pension scheme u/s [does not exceed higher institutions, etc. u/s 80TTB
contributions to funds u/s 80CCD(1) Rs. 1,50,000] amount health education u/s 80G
provident fund 80CCC 80E
etc. u/s 80C paid/deposited insurance

to notified premia u/s

pension scheme 80D

u/s 80CCD

(1B)

Gross QualifyingDeductible Gross QualifyingDeductible
amount amount amount amount amount amount

Gross Deductible Gross Deductible Gross Deductible (409) Gross Deductible Gross Deductible Gross Deductible (418) (419) (420) (421)
amount amount amount amount amount amount amount amount amount amount amount amount

(403) (404) (405) (406) (407) (408) (410) (411) (412) (413) (414) (415) (416) (417)

Amount deductible under any other Aggregate of deductible amount Total Tax on Rebate Surcharge. Health and Tax Relief Net tax
provision of Chapter VI-A under Chapter VI-A Taxable total under wherever Education payable under payable
income section 87A, applicable section
income if applicable cess
(427) = 89
Section Gross Qualifying Deductible
code amount amount amount (426) = (409) (428) (429) (430) (431) (432) = (428) (433) (434)

(see note 1)
(422) (423) (424) (425)
44 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

+(411)+(413)+(415)+(418)+(421)+ (402)- + (430) +
(431)-(429)
(425) (426)

Notes: Particulars Section code
2.Section codes: DD
EE
Sl. No. Section EEA
GG
1 80DD Deduction in respect of maintenance including medical treatment of a dependent who is a person with disability GGC
U.”;
2 80EE Deduction in respect of interest on loan taken for residential house property

3 80EEA Deduction in respect of interest on loan taken for certain house property (not covered u/s 80EE)

4 80GG Deduction in respect of rents paid

5 80GGC Deduction in respect of contributions given by any person to political parties.

6 80U Deduction in case of a person with disability

(iv) for Form No. 26QB, the following Form shall be substituted, namely:-

“Form No.26QB
[See section 194-IA, rule 30 and rule 31A]
Challan –cum – statement of deduction of tax under section 194-IA

Financial Year - Major Head Code* Minor Head Code*
Permanent Account
Payer/ Buyer Number or Aadhaar Number of Transferee/

Category of Permanent Status of PAN*

Account Number or Aadhaar

Number*
Full Name of Transferee/ Payer/ Buyer*

Complete Address of Transferee/Payer/Buyer
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 45

Status of PAN* PIN

Mobile No. Email ID

Whether more than one transferee/payer/buyer (Yes/No)

Permanent Account Number or Aadhaar Number of Transferor/ Payee/ Seller
Category of Permanent Account

Number or Aadhaar Number*
Full Name of Transferor/ Payee/ Seller

Complete Address of Transferor/Payee/Seller

PIN

Mobile No. Email ID

Whether more than one transferor/payee/seller (Yes/No)

Complete Address of Property transferred

Date of Total Value of Consideration PIN
Agreement/Booking** (Amount in Rs.) Payment in installment or lump-sum
Whether TDS is deducted at Higher rate as per section 206AB (Yes/No)

Amount Paid/Credited (in Rs.) Date of payment/credit** Rate at which deducted (see note 1) Amount of tax Date of Deduction**
deducted at source

Date of Deposit** Mode of payment Simultaneous e-tax payment
e-tax payment on subsequent date

Details of Payment of Tax Deducted at Source (Amount in Rs.)

TDS (Income Tax)(Credit of tax to the deductee shall be given for this amount)

Interest

Fee

Total payment

Total Payment in Words (in Rs.)

Crores Lakhs Thousands Hundreds Tens Units

Unique Acknowledgement no. (generated by TIN)

* To be updated automatically.
** In dd/mm/yyyy format.
Notes
1. Tax to be deducted at higher rates in case provisions of section 206AB is applicable.”;
46 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
0 Minor Head Code* 8 0 0
(v) for Form No. 26QC, the following shall be substituted, namely:-

“FORM NO. 26QC
[See section 194-IB, rule 30(2B) and (6B) and rule 31A(4B)]
Challan-cum-statement of deduction of tax under section 194-IB

Financial Year Major Head Code* 2

[Permanent Account Number or Aadhaar Number] of Tenant/lessee/Payer

Full Name of Tenant/lessee/Payer*

Complete Address of Tenant/lessee/Payer

PIN

Mobile No. Email ID

Whether more than one Tenant/lessee/Payer (Yes/No)

[Permanent Account Number or Aadhaar Number] of Landlord/Lessor/Payee

Category of [Permanent Account Number or Aadhaar Status of [Permanent Account Number or Aadhaar Number]*
Number]

Full Name of Landlord/Lessor/Payee

Complete Address of Landlord/Lessor/Payee
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 47

PIN

Mobile No. Email ID

Whether more than one Landlord/Lessor/Payee (Yes/No)

Complete Address of Property Rented

PIN

Period of Tenancy*** Total Value of Rent Paid (Amount Value of Rent Paid in Last Month (Amount
inRs.) inRs.)

Whether TDS is deducted at Higher rate as per section 206AB (Yes/No)

Amount Paid/Credited (in Rs.) Date of Rate at which deducted Amount of tax deducted Date of Deduction**
(see note 1) atsource

payment/credit**

Date of Mode of payment Simultaneous e-tax payment
Deposit** e-tax payment on subsequent date
48 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
Units
Details of Payment of Tax Deducted at Source (Amount in Rs.)

TDS (Income Tax) (Credit of tax to the deductee shall be given for this amount)

Interest

Fee

Total payment

Total Payment in words (in Rs.)

Crores Lakhs Thousands Hundreds Tens

*To be updated automatically
**In dd/mm/yyyy format.
***Against Period of tenancy, the number of months the property is rented for the financial year may be mentioned.
Notes
1. Tax to be deducted at higher rates in case provisions of section 206AB is applicable.”;

vi) for Form No. 26QD, the following Form shall be substituted, namely:–
[भाग II—खण्ड 3(i)] भारत का रािपत् : असाधारण 49

“Form No.26QD
[See section 194M, rule 30(2C), rule 30(6C) and rule 31A (4C)]
Challan-cum-statement of deduction of tax under section 194M

Financial Major Head Code*Minor Head Code*
Year -

Permanent Account Number
(PAN)

Or

Aadhaar No. of Deductor

Full Name of Deductor*

Complete Address of PIN
Deductor Email ID

Mobile No. Status of PAN*
Permanent Account Number (PAN)
Or
Aadhaar Number of Deductee

Category of PAN*

Full Name of Deductee PIN
Complete Address of Deductee Email ID

Mobile No. Aggregate of payments/credit during the
Nature of payment (work in pursuance of a contract/commission/brokerage period from 1st April to the end of the
or fees for professional services) month in which the payment has been
made/credited.
Date of Contract/Agreement**
50 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

Is it a case of non-deduction/Lower deduction on Number of the certificate under section
account of certificate under section 197? Yes 197 issued by the Assessing Officer for
(Please Tick Yes/No)
non-deduction or lower deduction.
No

Whether TDS is deducted at Higher rate as per section 206AB (Yes/No)

Amount Paid/Credited (in Rs.) Date of Rate at which Amount of tax deducted Date of Deduction**
payment/credit** Deducted (see note 1) at

source

Date of Deposit** Mode of payment Simultaneous e-tax payment
Hundereds e-tax payment on subsequent date

Details of Payment of Tax Deducted at Source (Amount in Rs.)
TDS (Income Tax)(Credit of tax to the deductee shall be given for this amount)
Interest
Fee
Total payment
Total payment in Words (in Rs.)

Crores Lakhs Thousands Tens Units

* To be updated automatically

* ** In dd/mm/yyyy format.

Notes
1. Tax to be deducted at higher rates in case provisions of section 206AB is applicable.”.

[Notification No. 99 /2021/F. No. 370142/11/2021-TPL]
ANKIT JAIN, Under Secy. (Tax Policy and Legislation Division)

Note: The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii) vide notification number S.O. 969 (E), dated the 26th
March,1962 and last amended vide notification number G.S.R. 604 (E) dated 31.08.2021

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