Form 73 Income Tax Rules 2026 pdf download and Key points

Last Updated on: April 23, 2026

Form 73 Income Tax Rules 2026 pdf download and Key points

FORM NO. 73
[See rule 145]
Statement of income distributed by a securitisation trust to be provided to the investor under section 221

Under the Income-tax Rules, 2026, Form No. 73 replaces the erstwhile Form 64F. It is governed by Section 221 of the Income-tax Act, 2025 (which replaces the old Section 115TCA) and Rule 145 of the Income-tax Rules, 2026.

Here are all the key points regarding Form No. 73:

1. Purpose of the Form Form 73 is an individual investor-wise statement furnished by a Securitisation Trust to each of its investors. It serves as an official report of the exact income paid, credited, or deemed to be credited by the trust to that specific investor during the tax year. This allows the pass-through income character to be preserved so investors can accurately report it in their Income Tax Returns (ITR).

2. How it is Generated (Applicability)

Unlike most forms, investors do not fill out Form 73, nor does the Securitisation Trust create it from scratch.
It is automatically generated by the system based on the data submitted by the Securitisation Trust in its consolidated annual statement (Form No. 72).
Once Form 72 is successfully processed, the trust must download the generated Form 73 statements and distribute them to the respective investors.

3. Structure and Contents of the Form The form is structured to provide an authoritative classification of the distributed income:

Investor Details: Captures the Name of the investor, their PAN/Aadhaar, Address, and the classification of their income.
Date of Payment/Credit: Explicitly specifies the exact date(s) the income was paid or credited to the investor.
Head-wise Breakup of Income: It strictly categorizes the distributed income under the appropriate tax heads:
- Income from House Property
- Profits and Gains of Business or Profession
- Capital Gains
- Income from Other Sources

4. Key Updates and Problem-Solving in the 2026 Rules

Mandatory “Date of Payment or Credit”: Under the old regime, missing payment dates caused operational issues. The new Form 73 now clearly reflects the exact date of payment or credit, ensuring seamless tracking.
Standardized Capital Gains Codes: Previously, investors struggled to understand which tax rates or sections applied to the capital gains passed through from the trust. To solve this, Form 73 now uses standardized capital gains codes (Codes 1, 2, 3, and 4 for Long-Term Capital Gains, and Codes 5, 6, and 7 for Short-Term Capital Gains). These codes map directly to specific statutory sections and tax rates, removing all ambiguity for the investor.

5. Outcome and Benefits

For the Trust: Achieves full statutory compliance under Section 221 and ensures the correct pass-through mechanism is executed.
For the Investor: Provides absolute clarity on how to classify the trust’s distributions in their ITR across different income heads. Crucially, having a standardized, system-generated Form 73 avoids data mismatches between the taxpayer’s filed ITR and the Department’s Annual Information Statement (AIS).

1. What is Form 73?
Ans: Form 73 is prescribed for furnishing statement of income distributed by the securitization trust to each investor u/s 221 of the Act.
2: Who should file Form 73?
Ans: Form 73 is not to be filed separately. It is a child form of Form 72, which is the parent Form. The person responsible to pay on behalf of the securitization trust has to generate and download this form after filing Form No. 72. The form is to be generated for each investor and then it is to be furnished to each investor.
3: What is the time limit for providing Form No. 73?
Ans: Form 73 must be furnished by 30th June of the financial year immediately following the tax year in which the income was paid or credited to the investor.
4: What documents are required to furnish Form 73?
Ans: This Form is generated from the parent Form 72, so no separate document is required.
5: Can Form 73 be filed offline?
Ans: No. Form 73 is automatically generated from the data filed in Form 72 through the e-filing portal specified by the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems). No separate documents need to be attached to Form 73 as it is a statement derived from the parent Form 72.
6: Why is Form 73 important?
Ans: Furnishing Form 73 is important for securitization trusts to ensure mandatory compliance mentioned in section 221 of the Act.
It is important for the person liable to tax in respect of the income paid or credited by the securitization fund for the following reasons-
• Tax Return Filing: Investors use Form 73 to accurately report pass-through income in their Income Tax Returns (ITR-2, ITR-3, ITR-5, ITR-6, or ITR-7) under Schedule PTI (Pass Through Income).
• Income Classification: Form 73 provides clear classification of income under different heads – House property, Business/Profession, Long Term Capital Gains, Short Term Capital Gains, and Other Sources (Dividend and Others) – enabling investors to report each category appropriately.
• Special Tax Rates: The form specifies codes for different capital gains tax rates (12.5%, 10%, 15%, 20%, 30%) allowing unit holders to compute tax liability accurately.

Form 73 Income Tax Rules 2026 pdf download and Key points

Form 73 Income Tax Rules 2026 pdf download and Key points

Form 73 Income Tax Rules 2026 pdf download

Form No.73– Frequently Asked Questions

Guidance Note on Form 73