Income-tax Rules, 2026

Rule 221Form for furnishing certificate of accountant under Section 398(2) for person responsible for deduction or collection of tax as per section 394(1)[Table: Sl. No. 1 to 5 and 9] not to be deemed to be an assessee in default:

Income-tax Rules, 2026 · G.S.R. 198(E), dated 20-03-2026

(1)The certificate from an accountant, as defined in section 515(3)(b), under section 398(2) shall be furnished,—

(a)in Form No. 149, for non-deduction or short deduction of tax; and

(b)in Form no. 150, for non-collection or short collection of tax.

(2)Form No. 149 or Form No. 150 referred to in sub-rule (1) shall be furnished to the Director General of Income-tax (Systems) or the person authorised by him.

This rule refers to

§ 394 Collection of tax at source

§ 398 Consequences of failure to deduct or pay or, collect or pay

§ 515 Appearance by authorised representative