Income Tax Law
Income-tax Rules, 2026
Rule 145Statements under sections 221(4), 222(2), 223(5) and 224(9)
Income-tax Rules, 2026 · G.S.R. 198(E), dated 20-03-2026
(1)The statement of income credited or paid or distributed by an entity as referred to in the column B of the following Table shall be furnished by the person responsible for crediting or paying or distributing such income on behalf of such entity to the Principal Commissioner or the Commissioner of Income-tax, within whose jurisdiction the principal office of such entity is situated, electronically in the Form No. mentioned in the column C, duly verified by an accountant, as defined in section 515(3)(b), in the manner indicated therein; and to the recipient of such income mentioned in column D in the Form No. mentioned in the column E of the said Table:
| Sl. No. | Type of entity | Form for furnishing statement to Principal Commissioner or Commissioner of Income-tax | Person to whom statement is to be furnished | Form for furnishing statement to recipient of income |
|---|---|---|---|---|
| 1. | Venture Capital Company or the Venture Capital Fund. | 74. | The person who is liable to tax in respect of such income. | 75. |
| 2. | Business trust. | 76. | Unit holder. | 77. |
| 3. | Investment fund. | 79. | The person who is liable to tax in respect of such income. | 78. |
| 4. | Securitisation trust. | 72. | The person who is liable to tax in respect of such income. | 73. |
(2)The statement to the Principal Commissioner or the Commissioner of Income-tax shall be furnished by the 15 th June of the financial year succeeding the tax year during which the income is paid or credited or distributed and the statement to the recipient of income shall be furnished by the 30 th June of the financial year succeeding the tax year during which the income is paid or credited or distributed.
(3)The statement to the recipient of income shall be furnished after generating and downloading the same from the web portal specified by the Director General of Income-tax (Systems) or the person authorised b y him and duly verified by the person paying or crediting or distributing the income in the manner indicated therein.