Form No. 1 – Frequently Asked Questions

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....orm No. 1 – Frequently Asked Questions<BR>Income Tax<BR>Dated:- 24-3-2026<BR><BR>Form No. 1 - Frequently Asked Questions Form of application under Rule 4 of the Income-tax Rules, 2026 Name of form as per I.T. Rules, 1962 Form 3BB Name of form as per I.T. Rules, 2026 Form No. 1 Corresponding section of I.T. Act, 1961 43(5) Corresponding section of I.T. Act, 2025 66(33) ....

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.... Corresponding Rule of I.T. Rules, 1962 6DDA Corresponding Rule of I.T. Rules, 2026 Rule 4 1. What is Form No. 1? Ans: This form is a monthly Statement to be furnished by a stock exchange in respect of transactions in which client codes have been modified after registering in the system. 2: Who should file Form No. 1? Ans: It has to be filed by a stock exchange within the me....

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....aning of section 2(92) of IT Act, 2025. 3: Is Form No. 1 mandatory? Ans: Yes. It has to be filed by stock exchange in respect of transactions (for both cash and derivative markets) in which client codes have been modified after registering in the system. 4: What is the time limit for filing Form No. 1? Ans: Form No. 1 must be filed within 15 days from the last day of each month to whic....

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....h such statement relates. 5: How many times can Form No. 1 be filed in a year? Ans: Form No. 1 is event-based and has to be filed monthly in respect of transactions in which client codes have been modified after registering in the system. 6: Can I edit Form No. 1 after submission? Ans: No. Once Form No. 1 is submitted and acknowledgment is generated, it cannot be edited. Ensure all det....

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....ails are correct before submission. 7: What if I do not have a PAN? Ans: Form No. 1 cannot be submitted without a valid PAN. 8: Can Form No. 1 be filed offline? Ans: No. Form No. 1 can only be submitted online through the Income Tax e-Filing portal =============<BR> News - Press release - PIB....