Form 092 – Frequently Asked Questions

(Quarterly Statement by Specified Fund / Stock Broker in respect of Non-Residents referred to in Rule 157)

1: What is Form 092?

Ans: Form 092 is a quarterly statement required to be furnished by specified funds or stock brokers in respect of non-resident clients, as prescribed in Rule 157. The form contains details such as name, contact details, country of residence, Tax Identification Number, and unique identification numbers of such non-resident clients.

2: Who should file Form 092?

Ans:

• Specified Funds defined under Rule 157, and
• Stock Brokers dealing with non-resident clients

3: What is the due date for filing Form 092?

Ans: Form 092 must be furnished quarterly, within 15 days from the end of each quarter.

4: How can Form 092 be submitted?

Ans: Form 092 is required to be submitted online on the e-Filing portal. After logging in, navigate to e-File → Income Tax Forms → File Income Tax Forms and select Form 092.

5: What documents are required while filing Form 092?

Ans: The following annexure is required to be uploaded with Form 092:

1. Declaration received from each non-resident as referred to in RN 157(1)(c)(iii) or (3)(b)(iii)].as applicable (Annexure A-1).

No other supporting documents are required to be uploaded.

6: Is PAN or Aadhaar mandatory for filing Form 092?

Ans: PAN is mandatory for the specified fund or stock broker. If Aadhaar exists, it needs to be furnished. PAN/Aadhaar of non-residents is not required.

7: What details of the non-resident are required in Form 092?

Ans:

• Name
• Email address
• Contact number
• Country or specified territory of residence
• Address in that country
• Tax Identification Number (TIN), if available
• Unique identifying number issued by that country, if TIN is not available.

8: What if the non-resident does not have a TIN?

Ans: If TIN is not available, the unique number issued by the government of that country should be furnished.

9: Who should sign Form 092?

Ans: Form 092 must be verified and signed by the authorised signatory of the specified fund or stock broker, who declares that:

• The information furnished is true and correct, and
• He/she is competent to verify and submit the form, as provided in the Verification section of the finalised Form 092.

11: Can I include multiple non-residents in one quarterly Form 092?

Ans: Yes. All non-resident clients dealt with in the quarter must be included in the same form.

12: How will the taxpayer know whether Form 092 has been accepted by the Department?

Ans: After submission of Form 092 on the Income Tax e-Filing portal, an acknowledgement number is generated. The filer can track the status of the form (Submitted / Under Processing / Accepted / Defective, if any) under e-File → Income Tax Forms → View Filed Forms. Any intimation regarding acceptance or defects will be communicated electronically through the e-Filing portal and to the registered email ID and mobile number of the specified fund or stock broker.