RULE 221 INCOME-TAX RULES 2026 Form for furnishing certificate of accountant under section 398(2) for person responsible for deduction or collection of tax as per section 394(1) [Table: Sl. Nos. 1 to 5 and 9] not to be deemed to be an assessee in default.

By CA Satbir Singh | April 4, 2026

RULE 221 INCOME-TAX RULES 2026

Form for furnishing certificate of accountant under section 398(2) for person responsible for deduction or collection of tax as per section 394(1) [Table: Sl. Nos. 1 to 5 and 9] not to be deemed to be an assessee in default.

221. (1) The certificate from an accountant, as defined in section 515(3)(b), under section 398(2) shall be furnished,—

(a)		in Form No. 149, for non-deduction or short deduction of tax; and
(b)		in Form No. 150, for non-collection or short collection of tax.

(2) Form No. 149 or Form No. 150 referred to in sub-rule (1) shall be furnished to the Director General of Income-tax (Systems) or the person authorised by him.