Income Tax Act 2025: New Form 75 Reporting for Venture Capital Income



Quick Summary
The Income Tax Act 2025 introduces Form 75, a vital statement for Venture Capital Funds (VCFs) and Venture Capital Companies (VCCs) to report income distributed to their investors. This form ensures accurate tax treatment under the pass-through mechanism, replacing older provisions. It's auto-generated from Form 74 and must be provided to investors by 30th June each year.

Overview With the implementation of the Income Tax Act, 2025, new reporting frameworks have been introduced to enhance transparency and compliance. One such important addition is Form 75, a statement of income provided by Venture Capital Funds (VCFs) or Venture Capital Companies (VCCs) to their inv
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FAQ :

Form 75 is a statement detailing income paid or credited by Venture Capital Funds or Companies to their investors, as required by Section 222 of the Income Tax Act, 2025.

Venture Capital Funds and Venture Capital Companies are required to generate and provide Form 75 to their respective investors.

Form 75 is not filed independently; it is auto-generated from the parent Form 74 through the Income Tax e-filing portal.

Form 75 must be issued to investors on or before 30th June of the financial year immediately following the tax year in which the income was distributed.

It provides investors with a clear classification of their income (e.g., capital gains, dividends) enabling them to accurately report it in their tax returns under the pass-through taxation system.

No, Form 75 is generated electronically via the Income Tax e-filing portal and does not require manual filing or separate submission.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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