The Income Tax Department has issued the Draft Income-tax Forms, 2026, proposing a comprehensive set of 190 statutory forms to operationalise the Income-tax Act, 2025. This is one of the most extensive procedural restructurings in Indian direct tax history, replacing legacy formats under the Income-tax Rules, 1962 and introducing section-aligned, purpose-specific compliance formats.
The 190 draft forms collectively cover the entire tax lifecycle, from PAN and TAN allotment to audits, international taxation, TDS/TCS, charitable trusts, specified businesses, dispute resolution, recovery and enforcement.
Key Highlights of Draft Income Tax Forms, 2026
- 190 draft forms notified under the proposed Income-tax Rules, 2026
- Fully aligned with the Income-tax Act, 2025
- Clear segregation of forms for taxpayers, deductors, auditors and tax authorities
- Enhanced focus on digital reporting, audit trail and global tax transparency
- Specialised compliance for international taxation, IFSC, trusts, funds and NPOs
Complete Table: Category-wise Explanation of All 190 Income Tax Forms, 2026
| Category | Form Numbers Covered | Purpose & Explanation |
|---|---|---|
| Capital Market & Investment Reporting | Forms 1-5 | Reporting of client code modification by stock exchanges, notification of zero-coupon bonds, attribution of income to Indian assets and preliminary business expenses. |
| Audit Reports & Accountant Certifications | Forms 6, 24, 26, 28, 32, 81, 100-101, 112, 149-150 | Prescribed audit and certification formats for business income, slump sale, book profit, AMT, inventory valuation, NPO audits and specialised certifications under the Act. |
| Scientific Research, R&D & Donations | Forms 7-17 | Approval, monitoring and certification of scientific research programmes, in-house R&D facilities, donation receipts and prescribed authority reports. |
| Specified Businesses & Development Projects | Forms 18-23 | Notification and approval of affordable housing, semiconductor manufacturing, agricultural extension and skill development projects. |
| Capital Gains, Amalgamation & Restructuring | Forms 27-29 | Reporting of capital asset attribution, slump sale capital gains computation and post-merger production compliance. |
| Disability, Rent & Employment-linked Claims | Forms 30-34 | Disability certification, rent paid deduction claims, additional employee cost deduction and SEZ-related disclosures. |
| International Taxation & Royalty Income | Forms 35-38 | Reporting of offshore banking units, IFSC income, royalty income and foreign inward remittances. |
| Foreign Tax Credit & Relief Mechanisms | Forms 39-45 | Claiming relief for arrears, foreign tax credit, certificate of residence and settlement of foreign tax disputes. |
| Transfer Pricing & Advance Pricing Agreements | Forms 46-55 | ALP determination, TP audit reports, Safe Harbour, APA applications, renewal and annual compliance reporting. |
| Global BEPS & Group Entity Reporting | Forms 56-60 | Country-by-Country reporting, constituent entity intimation and multinational group disclosures. |
| Exempt Income & Concessional Tax Regimes | Forms 66-71 | Computation of book profit, adjusted total income, AMT, specified fund income and accountant verification. |
| Trusts, Funds & Investment Vehicles | Forms 72-79 | Reporting by securitisation trusts, venture capital funds, business trusts and investment funds for pass-through taxation. |
| Tonnage Tax & Shipping Sector | Forms 80-81 | Option for tonnage tax scheme and audit reporting for shipping companies. |
| Search, Seizure & Information Powers | Forms 82-91 | Warrants of authorisation, information requisition, refusal and non-availability reporting under enforcement provisions. |
| PAN Applications & Declarations | Forms 93-98 | PAN allotment for Indian citizens, foreign individuals, Indian and foreign entities, and PAN-less transaction declarations. |
| Appeals & Appellate Proceedings | Forms 99, 115-118 | Appeals before CIT(A), ITAT, cross-objections and High Court or Tribunal-related filings. |
| Dispute Resolution & Advance Rulings | Forms 119-120 | Applications to Dispute Resolution Committee and advance ruling authorities. |
| Charitable Trusts & Non-Profit Organisations | Forms 104-114 | Registration, provisional approval, accumulation of income, donation reporting and audit compliance for NPOs. |
| Salary, Perquisites & Senior Citizen Compliance | Forms 121-128 | No-TDS declarations, perquisite reporting, employee deduction claims and senior citizen compliance forms. |
| Non-Resident Payments & Remittances | Forms 129-148 | Lower/nil TDS certificates, CA certifications, authorised dealer reporting and IFSC remittance statements. |
| Recovery, Advance Tax & Enforcement | Forms 151-158 | Advance tax demand, undertakings, NOC, recovery and compliance certifications. |
| TAN, AIN, TDS & TCS Statements | Forms 134-145, 137-144 | TAN and AIN allotment, quarterly TDS/TCS returns, VDA reporting and refund claims by deductors. |
| Residual & Administrative Compliance | Remaining forms up to 190 | Administrative, procedural and residual formats ensuring complete operationalisation of the Income-tax Act, 2025. |
When Will These 190 Forms Apply?
- Currently released as draft for stakeholder feedback
- Final forms to be notified along with Income-tax Rules, 2026
- Expected applicability from FY 2026-27
Why the 190-Form Framework Is Important
The Draft Income-tax Forms, 2026 represent a decisive shift towards structured, digital and litigation-resistant tax administration. While the number of forms has increased, each format is narrowly tailored to a specific compliance purpose, reducing ambiguity and strengthening enforcement certainty.
Official copy of the Draft Forms 2026 has been attached
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