Form 112 Income Tax Rules 2026 pdf download and Key points

Last Updated on: April 16, 2026

Form 112 Income Tax Rules 2026 pdf download and Key points

FORM NO. 112
[See rule 188]
Audit report under section 348 in the case of a registered non-profit organisation (NPO)

Form No. 112 under the Income-tax Rules, 2026, replaces the old Forms 10B and 10BB. It is a comprehensive audit report for registered non-profit organisations (NPOs) under the new Income-tax Act, 2025.

Here are all the key points regarding Form No. 112:

1. Purpose of the Form

Form 112 is a mandatory audit report of the accounts of a registered non-profit organisation for a tax year, required to be furnished electronically under Section 348 of the Income-tax Act, 2025.

2. Applicability (Who Must File)

It must be filed by any registered non-profit organisation whose total income—computed without giving effect to the exemption provisions of Chapter XVII-B of the Act—exceeds the maximum amount which is not chargeable to income-tax in a tax year. Such organisations must get their accounts audited by an accountant and furnish this report.

3. Importance and Consequence of Non-Filing

Filing Form 112 is mandatory for eligible NPOs. An NPO can only claim tax exemptions under various provisions of Chapter XVII-B in their subsequent income tax return if they have successfully furnished this audit report within the prescribed due date.

4. Frequency and Due Date

Frequency: It must be filed annually.
Due Date: It must be filed one month prior to the due date for furnishing the return of income under section 263(1) of the Act (which generally translates to on or before 30th September of the year following the tax year).

5. Classification: Small vs. Large NPO

A major feature of Form 112 is that it dynamically adapts based on whether the NPO is “Small” or “Large”. A Small Registered NPO is one that fulfills all three of the following conditions:

Its regular income under section 335 does not exceed ₹5 crores during the tax year.
It has not received foreign contributions exceeding ₹10 lakhs during the tax year.
It has not applied income exceeding ₹10 lakhs outside India during the tax year. If an NPO fails to meet any of these three conditions, it is classified as a Large Registered NPO.

6. Structure of Form 112

The form consists of the following components:

Certificate of the Chartered Accountant.
Part A (Personal Information): Captures details like PAN, Name, Tax Year, Addresses, and specifically asks for the financial metrics required to determine if the auditee is a small or large NPO.
Part B (Other Information): Captures detailed information pertaining to the audited accounts/income, structured under various rows. This includes details of the NPO’s formation, objects, registration/approval details, change in management, donations received, and application of income.
Schedules: Depending on whether the NPO is small or large, the form dynamically populates applicable schedules. Some data is also pre-filled based on the ITR and data filled in the schedules.
Notes: Provides clarifications wherever required to support filling the details.

7. Mode of Filing and Rules

Online Only: Form 112 can only be submitted electronically/digitally on the Income Tax e-Filing portal.
PAN Mandatory: It cannot be submitted without a valid Permanent Account Number (PAN).
No Editing: Once the form is submitted and an acknowledgment is generated, it cannot be edited.

8. Documents Required for Filing

The accountant or NPO may need the following documents to prepare and file Form 112:

Instrument Deed or Modification Deed(s).
Registration/Approval Documents.
Audited Financials for the Tax Year.
Forms 113, 108, and 109 filed for the tax year(s).
- Form 113 Income Tax Rules 2026 Statement or Correction Statement to be filed by Done under section 354(1)
- Form 108 Income Tax Rules 2026 Exercise of option under section 341(7) in respect of amount applied for charitable or religious purposesForm 109 Income Tax Rules 2026 Statement of accumulation or setting apart of income under section 342(1)
FCRA return/statement.
Annual Information Statement (AIS) and TDS returns.

9. Key Updates and Simplifications in the 2026 Rules

Consolidation: The earlier Form 10B and 10BB have been merged into this single, common audit form.
Terminology Alignment: Words like “Assessment year/Previous year” have been replaced with “Tax year“, and the phrase “fund or trust or institution…” is replaced with “registered non-profit organisation” to align with the new Act.
Related Persons: The term “specified person” has been replaced with “related person” (as per section 355(h) of ITA, 2025). Information pertaining to related person transactions is now sought without restrictions to facilitate proper scrutiny.
Arrangement of Information: Specified violations and disallowances of expenditure are now numerically arranged and aligned with the specific sub-sections of sections 351 and 353 of the ITA, 2025.
- Section 351 Income Tax Act 2025 Specified violation.Section 352 Income Tax Act 2025 Tax on accreted income.
  Section 353 Income Tax Act 2025 Other violations.

Form 112 Income Tax Rules 2026 pdf download

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Form No. 112 – Frequently Asked Questions

1. What is Form No. 112?
Ans: Form No.112 is a report of audit of the accounts of a registered non-profit organisation, for a tax year, which is required to be furnished electronically/digitally under section 348 of the
Income-tax Act, 2025.

2: Who should file Form No.112?
Ans: Form No.112 is to be filed by any registered non-profit organisation whose total income, without giving effect to the provisions of Chapter XVII-B of the Income Tax Act, 2025, exceeds
the maximum amount which is not chargeable to income-tax in any tax year and who shall get the accounts for that tax year audited by an accountant and shall furnish a report of such audited
income for the tax year electronically in Form No.112 from the e-filing Portal.

3: Is Form No.112 mandatory?
Ans: Yes, Form No.112 is to be mandatorily filed by any registered non-profit organisation whose total income, without giving effect to the provisions of Chapter XVII-B of the Income Tax
Act, 2025, exceeds the maximum amount which is not chargeable to income-tax in any tax year, and who shall get the accounts for that tax year audited by an accountant and shall furnish a report of such audited income for the tax year electronically in Form No.112 from the e-filing Portal.

4: What is the time limit for filing Form No.112?
Ans: Form No.112 must be filed annually for each tax year one month prior to the due date of furnishing the return of income under section 263(1) of the IT Act,2025.

5: How many times can Form No.112 be filed in a year?
Ans: Form No.112 must be filed annually for each tax year one month prior to the due date of furnishing the return of income under section 263(1) of the IT Act,2025.

6: What documents are required to file Form No.112?
Ans: Following documents may be required for filing Form No.112
1. Instrument Deed/Modification Deed(s)
2. Registration/Approval Documents
3. Audited Financials for the Tax Year
4. Forms – 113, 108 and 109 filed for the tax year(s)

5. FCRA return/statement
6. Annual Information Statement (AIS) and TDS returns

7: Can I edit Form No.112 after submission?
Ans: No. Once Form No.112 is submitted and acknowledgment is generated, it cannot be edited. Ensure all details are correct before submission

8: While filling Part A, can I leave any of the details blank?
Ans:
 PAN is mandatory for all taxpayers.
 All other details mentioned under Part A are to be filled mandatorily.

9: What if I do not have a PAN?
Ans: Form No.112 cannot be submitted without a valid PAN.

10: Can Form No.112 be filed offline?
Ans: No. Form No.112 can only be submitted online through the Income Tax e-Filing portal.

11: Why is Form No.112 important?
Ans: 1. Form No.112 is to be mandatorily filed by any registered non-profit organisation whose total income, without giving effect to the provisions of Chapter XVII-B of the Income Tax Act,
2025, exceeds the maximum amount which is not chargeable to income-tax in any tax year, and who shall get the accounts for that tax year audited by an accountant and shall furnish a report
of such audited income for the tax year electronically in Form No.112 from the e-filing Portal.

2. Registered non-profit organisations are eligible to claim exemptions under various provisions of Chapter XVII-B in the return of income to be filed subsequently, only after furnishing the audit report in Form No 112 under Section 348 within the prescribed due date.

12: How to Know if I am a small trust or large Trust?
Ans: For the purpose of this form, small registered NPO means a registered non-profit organisation which fulfils the following conditions –
(a) its regular income under section 335 of the Act does not exceed ₹ 5 crores during the tax year;
(b) it has not received foreign contribution exceeding ₹ 10 lakhs during the tax year; and
(c) it has not applied income exceeding ₹ 10 lakhs outside India during the tax year.
For the purposes of clause (b) above, the expression foreign contribution shall have the same meaning assigned to it in clause (h) of sub-section (1) of section 2 of the Foreign Contribution
(Regulation) Act, 2010 (42 of 2010). Small registered NPOs are required to fill limited details/lesser schedules as compared to large trusts/NPOs and hence have lower compliance burden.

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