Form 165 Income Tax Rules 2026 pdf download and Key points
FORM NO. 165
[See rule 237]
Statement of Specified Financial Transactions under section 508(1)
Form 165 is the comprehensive dashboard of all financial transactions linked to your PAN. Here are the critical details:
Comprehensive Data: It includes all information from the Statement of Financial Transactions (SFT), such as high-value cash deposits, credit card payments, and share transactions.
TDS/TCS Details: It captures all tax deducted at source (TDS) and tax collected at source (TCS) by various deductors.
Tax Payment History: Displays all advance tax, self-assessment tax, and regular assessment tax paid by you.
Pre-filled ITR Support: Information from Form 165 is automatically pulled into your Income Tax Return (ITR) to ensure accuracy and minimize notices.
Feedback Mechanism: Unlike the old 26AS, Form 165 allows you to provide online feedback if any transaction shown does not belong to you or is incorrectly reported.
Form 165 Income Tax Rules 2026 pdf download