Form 62 Income Tax Rules 2026 pdf download and Key points
FORM NO. 62
[See rule 129(3)]
Form for making the reference to the Commissioner of Income-tax by the Assessing Officer under section 274(1)
Under the Income-tax Rules, 2026, Form No. 62 is an internal administrative form governed by Section 274(1) of the Income-tax Act, 2025, and Rule 129(3) of the Income-tax Rules, 2026.
Here are all the key points regarding Form No. 62:
1. Purpose of the Form Form 62 is the official form used for making a reference to the Commissioner of Income-tax. It is specifically used when it is suspected that an arrangement entered into or carried out by an assessee is an impermissible avoidance arrangement (i.e., entered into by means or in a manner not ordinarily employed for bona-fide purposes) under section 180.
2. Applicability (Who Should File) Unlike most compliance forms, this form is not filed by the taxpayer. It is exclusively filed by the Assessing Officer (AO) to submit the case before the Commissioner of Income-tax for further action or approval regarding the suspected tax avoidance.
3. Structure and Contents of the Form The form is structured to capture comprehensive details about the assessee and the suspected arrangement:
- Part A (Particulars of the Assessee): Captures the assessee’s Name, Address, Permanent Account Number (PAN), Email ID, Contact Number, and a unique Document Identification Number.
- Part B (Other Information): Captures the Status and Residential Status of the assessee, as well as the specific Tax Year(s) in respect of which the proceedings under section 274 are proposed.
- Annexures (e.g., A-8): Requires the AO to outline the explicit consequences in relation to tax that are likely to arise if the arrangement is formally declared as an impermissible avoidance arrangement.
4. Key Instructions for Filing
- Currency: Any amounts mentioned in this form must be filled in rupees (₹) unless stated otherwise.
- System Features: To streamline the process for the Assessing Officer, some of the information in the form will be pre-filled by the system to the extent possible.