Form 92 Income Tax Rules 2026 pdf download and Key points
FORM NO. 92
[See rule 157]
Quarterly statement to be furnished by specified fund or stock broker in respect of a non-resident
referred to in rule 157 for the quarter of ________________ of ___________ (Financial Year)
Under the Income-tax Rules, 2026, Form No. 92 (also referred to as FN 092) replaces the erstwhile Form 49BA. It is governed by Section 262 of the Income-tax Act, 2025, and Rule 157 of the Income-tax Rules, 2026.
Here are all the comprehensive key points regarding Form No. 92:
1. Purpose of the Form Form 92 is a mandatory quarterly statement used to report details about non-resident clients. It enables the Income Tax Department to obtain structured, standardized, and verifiable information to monitor cross-border investments, ensure tax compliance, and facilitate international information exchange.
2. Applicability (Who Should File) The form must be filed by:
- Specified Funds (as defined under Rule 157).
- Stock Brokers who deal with non-resident clients.
3. Frequency and Due Dates The statement must be furnished quarterly, specifically within 15 days from the end of each quarter:
- Quarter 1 (April – June): On or before 15th July.
- Quarter 2 (July – September): On or before 15th October.
- Quarter 3 (October – December): On or before 15th January.
- Quarter 4 (January – March): On or before 15th April.
4. Structure and Key Details Required The form is divided into sections to clearly segregate the reporting entity’s details from the non-resident’s particulars:
- Part A (Particulars of the Specified Fund / Stock Broker): Captures the Name, Address, Category, Email, Contact number, and Permanent Account Number (PAN) of the filer. Note: PAN is strictly mandatory for the fund/broker (along with Aadhaar, if they have one).
- Part B (Non-Resident Details): Captures the non-resident client’s Name, Email, Contact number, Country of residence, and foreign address. Importantly, it requires their Tax Identification Number (TIN). If the non-resident does not have a TIN, a unique identifying number issued by their home government must be provided. Note: The PAN or Aadhaar of the non-resident client is not required.
- Verification: A formal declaration signed by the authorized signatory of the specified fund or stock broker, affirming the information is true and they are competent to submit it.
5. Mandatory Documents (Annexures) The only document required to be uploaded with Form 92 is Annexure A-1. This is a specific mandatory declaration obtained from each non-resident client as referred to in Rule 157(1)(c)(iii) or Rule 157(3)(b)(iii). No other supporting documents are required to be uploaded.
6. Important Filing Rules
- Consolidated Reporting: A filer does not submit separate forms for each client. All non-resident clients dealt with during a specific quarter must be included in a single, consolidated Form 92 for that quarter.
- 100% Online: The form must be submitted electronically via the Income Tax e-Filing portal (under e-File → Income Tax Forms → File Income Tax Forms).
- Tracking: Upon successful submission, an acknowledgement number is generated. The fund or broker can track the real-time status of their form (e.g., Submitted, Under Processing, Accepted, or Defective) directly on the e-Filing portal.