The Income Tax Department of India, under the Central Board of Direct Taxes (CBDT), has officially introduced a new simplified and unified Form No. 112, replacing the erstwhile Form No. 10B and Form No. 10BB, effective April 1, 2026. This re-engineering initiative, under the Income-tax Act, 2025, introduces a single smart audit form for all registered non-profit organisations (NPOs), significantly reducing compliance burden and manual errors across more than 2.25 lakh annual filings.
Background: Why Was Form No. 112 Introduced?
The Income Tax Department has introduced simplified tax forms under the Income-tax Act, 2025, effective April 1, 2026. The new forms use simpler language, standardised pre-filled formats, and technology-driven processes to reduce errors and facilitate compliance. This brochure focuses on Form No. 112 (erstwhile Form Nos. 10B & 10BB), which is a report of audit of the accounts of a registered non-profit organisation. With over 2.25 lakh Forms filed annually, simplifying this form aims to ease compliance for all stakeholders.
Purpose of Form No. 112
Form No. 112 is an annual report of audit of the accounts of a registered non-profit organisation, for a tax year, which is required to be furnished electronically/digitally under Section 348 of the Income-tax Act, 2025. It must be duly signed and verified by a Chartered Accountant.
Who Should File Form No. 112?
Any registered non-profit organisation whose total income, without giving effect to the provisions of Chapter XVII-B of the Income-tax Act, 2025, exceeds the maximum amount which is not chargeable to income-tax in any tax year shall get the accounts for that tax year audited by an accountant and shall furnish a report of such audited income for the tax year electronically in Form No. 112 on the e-filing Portal.
Special Rule for Smaller NPOs: An NPO having foreign contribution and application on any part of income outside India up to Rs 10 Lakh shall file the field required for smaller NPO (total income up to Rs 5 crore).
Periodicity of Filing
| Frequency | Covered | Due Date for Filing |
|---|---|---|
| Annual | Tax Year | On or before 30th September of the year following such tax year |
Structure of Form No. 112 as per Income Tax Rules, 2026
The audit report shall be duly signed and verified by a Chartered Accountant. The report shall contain the following sections:
| Section | Content |
|---|---|
| Part A | Personal information of the registered NPO |
| Part B | Other Information |
| Schedules | Detailed schedules based on organisation size (small/large NPO) |
| Verification | Verification by the Chartered Accountant |
| Notes | Notes to the Form |
Based on the response in Part A, in respect of regular income, foreign contribution received, and application of income outside India during the tax year, the small and large registered non-profit organisations shall fill respective entries in Part B and corresponding schedules.
Key Features of New Form No. 112 and Benefits to Stakeholders
| S.No. | Key Feature of New Form | Benefit to Stakeholders |
|---|---|---|
| 1 | A smart unified Form No. 112 structured with conditional logic that dynamically enables or disables schedules based on the type of organisation | It will provide a clear system validation and user guidance to ensure smooth transition from legacy Forms |
| 2 | The revised and simplified smart Form enables system-driven prefill of data from ITR with validation and reconciliation checks | This will minimise errors and mismatches, leading to ease in compliance for taxpayers and auditors |
Key Benefits of the New Simplified Form No. 112
Benefit 1: Introduction of a Unified and Simplified Audit Form
Form No. 112 replaces the erstwhile Forms 10B and 10BB, introducing a single, smart, and unified audit form for registered non-profit organisations to simplify compliances.
Benefit 2: Technology-Driven, Error-Reduced Filing Experience
The new Form No. 112 is pre-filled with ITR data, uses standardised formats, and incorporates system validations, significantly reducing manual errors, mismatches, grievances, and litigation.
Benefit 3: Dynamic and Structured Form Design Based on Organisation Size
Based on the responses to queries in Part A and Part B, the form dynamically adapts schedules and reporting requirements based on whether the non-profit organisation is classified as small or large , ensuring relevance and ease of filing. Sample compliance requirements for small registered non-profit organisations are included in the official brochure.
Benefit 4: Smart, Technology-Enabled Filing
Auto-population of taxpayer details reduces manual effort and errors, making the filing process faster and more accurate for both organisations and auditors.
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