Where to enter BSR code and challan number in ITR In the Income Tax Return (ITR) portal, you must enter the BSR code and Challan Serial Number in Schedule IT (for Advance Tax and Self-Assessment Tax). [1, 2] Where to Enter Details in the ITR Form Navigate to Schedule IT: While filling out your ITR… Read More »
what is BSR code in Income Tax challan In an income tax challan, the BSR (Basic Statistical Return) Code is a unique 7-digit numeric identifier assigned by the Reserve Bank of India (RBI) to every bank branch authorized to collect taxes. Structure of BSR code in Income Tax challan First 3 digits: Identify the specific… Read More »
RULE 333 INCOME-TAX RULES 2026 Electronic payment of tax, interest, fee and penalty. 333. (1) The following persons shall pay electronically the tax, interest, fee and penalty on or after the date of commencement of this rule:— (a) a company; and (b) a person (other than a company), to whom the provisions of section 63 are… Read More »
RULE 332 INCOME-TAX RULES 2026 Electronic furnishing of Forms, returns, statements, reports, orders, certificates, etc. 332. (1) The Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the case may be, may with the prior approval of the Board, specify that any of the Forms, returns, statements, reports, orders or certificates,… Read More »
RULE 331 INCOME-TAX RULES 2026 Procedure for approval under paragraph (1)(z)(i) and (ii) of Schedule XV to the Act. 331. (1) The Central Board of Direct Taxes, before granting approval to a public company under paragraph 1(z)(i) of Schedule XV to the Act or to a Mutual Fund under paragraph 1(z)(ii), of the said Schedule shall… Read More »
RULE 330 INCOME-TAX RULES 2026 Limits of reserve for unexpired risks. 330. (1) In the computation of profits and gains for any insurance business other than life insurance, the amount carried over to a reserve for unexpired risks, including any amount carried over to any such additional reserve eligible for deduction under paragraph 4(1)(d) of Schedule… Read More »
RULE 329 INCOME-TAX RULES 2026 Appeal under paragraph 9(1) of Part B of Schedule XI to the Act in case of gratuity fund. 329. An appeal under paragraph 9(1) of Part B of Schedule XI to the Act shall be made in Form No. 187 and shall be verified in the manner indicated therein and shall… Read More »
RULE 328 INCOME-TAX RULES 2026 Amendment of rules, etc., of fund. 328. No alteration in the rules, constitution, objects or conditions of an approved fund shall be made without the prior approval of the approving authority.
RULE 327 INCOME-TAX RULES 2026 Application for approval. 327. The application for approval of a gratuity fund is required to be furnished under paragraph 4(1) of Part B of Schedule XI to the Act shall be made in Form No. 188 and shall be verified in the manner indicated therein.
RULE 326 INCOME-TAX RULES 2026 Arrangements for winding up of the fund. 326. Any arrangements for the winding up of the fund or for its amalgamation with another fund shall be subject to the prior approval of, and to such conditions as may be imposed by, the approving authority.