TaxTMI 
TaxTMI 
Income-tax (Tenth Amendment) Rules, 2025 - Central Government notifies form ITR-B for taxpayers on whom search, or requisition operation has been initiated.
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....earch initiated under section 132 or requisition made under section 132A on or after the 1st day of September, 2024 shall be in the Form ITR-B and be verified in the manner indicated therein. (2) The return of income referred to in sub-rule (1) shall be furnished by a person, mentioned in column (2) of the Table below in the manner specified in column (3) thereof: -- TABLE Sl. No. Person Manner of furnishing return of income (1) (2) (3) 1. (a) person whose accounts are required to be audited under section 44AB of the Act; (b) Company; (c) Political party. Electronically under digital signature. 2. Any person other than a person mentioned in column (2) of Sl. No. (1) above. (A) Electronically under digital signature; (B) Transmitting the data electronically in the return under electronic verification code. Explanation.- For the purposes of this sub-rule, "electronic verification code" shall have the same meaning as assigned to it in Explanation to sub-rule (2) of rule 12AC. (3) The Principal Director-General of Income-tax (....
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.... 3. In the said rules, in Appendix-II, after FORM ITR-U, the following FORM ITR-B shall be inserted, namely: Block period (Derived by system based on A19-A20) INDIAN INCOME TAX RETURN FOR BLOCK ASSESSMENT [For search and seizure cases (Chapter XIV-B)] " FORM (See section 158BC(1)(a) r.w. rule 12AE of the Income-tax Rules, 1962) (Refer instructions for eligibility) ITR-B PART A-GENERAL INFORMATION (A2) First Name (A4) Date of Birth/ Incorporation (A5) Aadhaar Number (12 digits) (If applicable and eligible for Aadhaar No.) (A1) PAN (A2a) Middle Name (A3) Last name DENNYYYY (A6) Mobile No. (A7) Email Address Address: (A8) Flat/Door/Block No. (A9) Name of Premises/Building/Village (A10) Road/Street/Post Office Area/Locality (A11) Town/City/District (A12) State (A13) Country (A14) PIN code (A15) Nature of employment- Central Govt. State Govt. Public Sector Undertaking Pensioners- CG Pensioners-SG Pensioners-PSU Pensioners- Others Others Not Applicable (e.g. Family Pension etc.) (A16) Status (A17) Residential Status in India Resident Resident but not Ordinarily Resident Non-resident (A18) In case of (i) Domestic Company a company (T....
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....D/MM/YYYY) (ii) Section under which filed 139(1) 139(4) 139(5) 139(8A) filed prior to the date of initiation of search or requisition 148 153A 153A r.w.s. 153C ] 142(1) (drop down) (iii) Enter Acknowledgement or Receipt No. (iv)Any assessment/reassessment or recomputation Yes (please select section from the drop-down pending for the year under consideration as on 143(3), 148, 153A, 153A r.w.s. 153C, 158BC, 245D) date of initiation of search or requisition No (A29) Assessment Year Y3 (i) Enter date of filing of last return (DD/MM/YYYY) (ii) Section under which filed ] 139(1) 139(4) 139(5) [ 139(8A) filed prior to the date of initiation of search or requisition 148 153A 153A r.w.s. 153C 142(1) (drop down) (iii) Enter Acknowledgement or Receipt No. (iv)Any assessment/reassessment or recomputation Yes (please select section from the drop-down pending for the year under consideration as on 143(3), 148, 153A, 153A r.w.s. 153C, 158BC, 245D) date of initiation of search or requisition No (A30) Assessment Year Y2 (i) Enter date of filing of last return (DD/MM/YYYY) (ii) Section under which filed 139(1) 139(4) 139(5) 139(8A) filed prior to t....
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....¾ राजपतà¥à¤° : असाधारण (iii)Aggregate value of specified domestic transactions during the part period Rs. (A33) Assessment Year Y0 (In case Y0 is a complete year) (i) Have you furnished return of income? Yes (please enter date No of filing (DD/MM/YYYY) (ii) If the response to (i) above is Yes, section under which filed 139(1)- On or Before due date 139(4)- After due date 139(5) 139(8A) filed prior to the date of initiation of search or requisition (drop down) (iii) Enter Type of ITR form filed (iv) Enter Acknowledgement or Receipt No. (v) Enter total income declared in return Rs. (vi) Enter total income after processing u/s 143(1) (if applicable) Rs. (vii)Aggregate value of international transactions (as per form 3CEB where available, in any other case, provisional value thereof) Rs. (viii) Aggregate value of specified domestic transactions (as per form 3CEB where available, in any other case, provisional value thereof) Rs. (ix) If the response to (i) above is No, whether the due date to file the return of income u/s 139(1) has expired? Yes No (x) If the response to (ix) a....
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....ital gain chargeable @ 30% u/s 115BBH 4d e Total capital gains (4c + 4d) 4e 5 Income from other sources a Net income from other sources chargeable to tax at normal applicable rates (enter nil if loss) 5a b Income chargeable to tax at special rate 5b c Income from the activity of owning and maintaining race horses (enter nil if loss) 5c d Total (5a + 5b + 5c) 5d 6 Total of head wise income (1 + 2+3v + 4e + 5d) 6 PART C - TI COMPUTATION OF UNDISCLOSED INCOME (To be filled where search/requisition is concluded in the same year in which it was initiated) Sl. No. Assess ment Year comprisi ng the block period Undis closed income declared for the year comprised in the block period Total income determined u/s 143(1) or assessed u/s 143/ 144/ 147/ 153A/ 153C/ 158BC(1)(c)/ 245D prior to the date of search or requisition Total income declared in return of income filed u/s 139(1) or in response to notice u/s 142(1) prior to the date of initiation of search or requisition and not covered in [B] Total income referred to in sub- section (5) of section 115A or section 115G or sub- section (1) of section 194P for any year comprised in the block period Income of previo....
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....lls in a previous year subsequent to the year in which the search or requisition was initiated) SI No. Assess ment Year compris ing the block period Undis closed income declared for the year comprise d in the block period Total income determined u/s 143(1) or assessed u/s 143/ 144/ 147/ 153A/ 153C/ 158BC(1)(c)/ 245D prior to the date of search or requisition Total income declared in return of income filed u/s 139(1) or in response to notice u/s 142(1) prior to the date of initiation of search or requisition and not covered in [B] Total income referred to in sub- section (5) of section 115A or section 115G or sub-section (1) of section 194P for any year comprised in the block period Income of previous year which has ended and the due date for furnishing the return for such year has not expired prior to the date of initiation of the search or the date of requisition (on the basis of entries relating to such income or transactions as recorded in the books of account and other documents maintained in the normal course before the date of initiation of search or requisition) Income of period commencing from 1st day of April of the previous year in which the search is initiated or requ....
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....unt and other documents maintained in the normal course for such period on or before the date of the execution of the last of the authorisations) 20 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II-SEC. 3(i)] [A] [B] [C] [D] E [G] [H] Amou nt (Rs.) Sect- ion Amou nt (Rs.) Sect- ion 1 Assess ment Year Y6 2 Assess ment Year Y5 3 Assess ment Year Y4 4 Assess ment Year Y3 5 Assess ment Year Y2 6 Assess ment Year Y1 7 Assess ment Year Y0 00 Assess ment Year Y+1 ((In case Y+1 is a part year) (This should be equal to value from row 6 of PART-B) 9 Income chargeable to tax for the block period as declared {Refer s.158BB(5)} (Figure in Column [A]) (Rs.) PART D I: Head-wise break-up of the total undisclosed income for the block period declared in column [A] of Part C (Rs.) S. No. Head of income Assessment Year Y6 Y5 Y4 Y3 Y2 Y1 Y0 Y+1 (If applicable) Total 1 Salaries = 2 Income from house property 2i 3 Profits and gains from business or profession 3i 4 Capital gains 4 4a Short-term 4b Long-term 5 Income from other sources 5i 6 Total of head-wise undisclosed incom....
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....d income of the block period SELF ASSESSMENT TAX FOR BLOCK PERIOD Sl. No. BSR Code Date of Deposit (DD/MM/YYYY) Serial Number of Challan Amount (Rs.) 1) (2) (3) (4) (5) i iii iv NOTE Enter the totals of Self-Assessment tax PART G -TAX PAYMENTS MADE WHICH ARE NOT INCLUDED IN PART F AND FOR WHICH CREDIT IS SOUGHT AGAINST UNDISCLOSED INCOME (Note: Claim of such credit and the allowability thereof is subject to the verification and satisfaction of the Assessing Officer) Details of payments of tax (advance tax/self-assessment tax) for which no credit has been claimed in the returns filed earlier Advance tax/ self- assessment tax Sl. No. BSR Code Date of Deposit Serial Number of (DD/MM/YYYY) Challan Amount (Rs.) Assessment Year (1) (2) (3) (4) (5) (6) i ii iii iv NOTE Enter the totals of Self-Assessment tax (advance tax/self-assessment tax) PART H -TAX PAYMENTS MADE WHICH ARE NOT INCLUDED IN PART F AND FOR WHICH CREDIT IS SOUGHT AGAINST UNDISCLOSED INCOME WHICH HAS NOT BEEN CLAIMED EARLIER (Note: Claim of such credit and the allowability thereof is subject to the verification and satisfaction of the Assessing Officer) Details of pa....
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....essment Year Y+1 (To be filled in case the date of execution of the last of the authorisations for search or requisition falls in a previous year subsequent to the year in which the search or requisition was initiated): Y+1 is the period in the assessment year relevant to the previous year which will be from the 1st April of the year in which last of authorisations of search/requisition was executed and ending with the date of last of authorisations of search/requisition. Note: 2 Refer section 158BB(1A)(c)(i): For the purposes for filing details of the assessment year Y1 where the relevant previous year has ended and the due date for furnishing the return under section 139(1) for such year has not expired, where accounts are not audited (if they are required to be audited), provisional figures are required to be furnished based on the books of account maintained in normal course. This shall not be considered as a return under section 139(1) for the relevant assessment year. Further, this income is required to be included in the return of income furnished under section 139 for the relevant assessment year. Note: 3 Refer section 158BB(1A)(c)(i): For the purposes for filin....