Form 107 Income Tax Rules 2026 pdf download and Key points

FORM NO. 107
[See rule 181]
Order for grant of registration under section 332 or approval under section 354

Purpose of Form No. 107 Form No. 107 is an order passed by the jurisdictional Principal Commissioner or Commissioner under the new Income-tax Rules, 2026. It serves to grant regular registration under section 332, grant approval under section 354, reject an application, or cancel a previously granted registration or approval. This order is issued after the authority receives and reviews an application filed by an entity in Form No. 105. Form 107 replaces the old Form 10AD used under the Income-tax Rules, 1962.

Governing Provisions The form is governed by Section 332(7) and Section 354(3) of the new Income-tax Act, 2025, read with Rule 181 of the Income-tax Rules, 2026.

Timelines and Validity

Time Limit for Passing the Order: The Principal Commissioner or Commissioner is required to pass the order granting or cancelling the registration/approval within 6 months from the end of the quarter in which the application in Form 105 was made.
Standard Validity: The regular registration or approval granted is generally valid for 5 tax years, commencing from the tax year in which the application is made.
Extended Validity (10 Years): The validity of the regular registration is extended to 10 tax years if the applicant’s gross receipts during each of the two preceding tax years do not exceed ₹5 crore, provided the applicant was already registered or approved earlier under the 1961 or 2025 Act.

Outcomes and Actions via Form 107 When processing Form No. 105, the authority uses Form 107 to take one of the following actions:

Grant Approval: Issue a 16-digit alphanumeric Unique Registration Number (URN) and grant the registration or approval.
Reject: Reject the application.
Reject and Cancel: Reject the application and simultaneously cancel the existing registration or approval.
Partial Approval/Modification: Grant registration or approval under one section code while rejecting the application under another section code. The Commissioner is explicitly allowed to change the section code from what the applicant originally requested.

Key Conditions and Withdrawal of Order The registration or approval granted via Form 107 is subject to the condition that the entity makes a true and complete disclosure without false or incorrect information. The order is liable to be withdrawn by the Principal Commissioner or Commissioner if:

The activities of the applicant are found to be not genuine.
The activities are not carried out in accordance with the stipulated conditions.
The applicant obtained the approval by fraud or misrepresentation of facts.
The assessee violates any condition provided in the Income-tax Act, 2025.

Structure of Form 107 The form is structured into specific parts, and some information is pre-filled to the extent possible:

Part A: Particulars of the Applicant (Name, PAN, Address, Email ID, Contact Number).
Part B: Details of Registration or Approval granted. This includes the Document Identification Number, URN, Section/Code under which approval is granted (e.g., Code ’01’ for section 332(7)(a)), Date of registration, Nature of activity, and Period of validity.
Part E: Rejection of application for condonation of delay, or cancellation of earlier registration or approval.
Part F: Details of the Authority passing the order (Name and Designation).

Key Updates for 2026

Streamlined Design: The overall form has been streamlined and aligned with the new sections and phrases of the Income-tax Act, 2025.
Upfront Clarity: The top of the form explicitly states whether it is an order for approval under section 332 or 354, or an order for rejection or cancellation, ensuring the applicant knows the outcome upfront.
Availability: Unlike many other forms, Form 107 is not available on the e-filing portal but is processed through the Income Tax Business Application (ITBA).

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Form 107 Income Tax Rules 2026 pdf download and Key points

Form 107 Income Tax Rules 2026 pdf download

Form No. 107 – Frequently Asked Questions

Guidance Note on Form 107