Section 510 of the Income-tax Act, 2025

Section 510 — Annual information statement. Successor to s.285BB of the 1961 Act.

Where this section sits

Section 510 is in Chapter XXIII — Miscellaneous, which runs from section 499 to section 536.

What this section does

Sub-section (1) requires the prescribed income-tax authority, or a person authorised by that authority, to upload an annual information statement into the assessee's registered account — in the prescribed form and manner, within the prescribed time, and containing such prescribed information as is in the possession of an income-tax authority. Sub-section (2) defines "registered account" as the electronic filing account registered by the assessee in the web portal designated by that authority or the person it authorises.

Why it is there

It puts the information the Department already holds about a taxpayer into the taxpayer's own electronic account, so the taxpayer sees the same data before filing rather than meeting it for the first time in a notice.

Who it applies to

The prescribed income-tax authority or a person authorised by it
An assessee who has a registered electronic filing account on the designated web portal

What this means in practice

The obligation in the section runs one way — the authority uploads, and the section imposes no duty on the assessee to respond to or reconcile the statement, and attaches no consequence to its contents. Every operative detail is left to be prescribed: the form, the manner, the time within which it is uploaded, and the information it carries, which is limited to information already in the possession of an income-tax authority. Delivery is to the registered account only, meaning the electronic filing account the assessee has registered on the designated web portal, so an assessee without one has nowhere for the statement to be uploaded.

Where you meet this section

As the annual information statement itself, uploaded by the prescribed income-tax authority or a person authorised by it into your registered account — defined by sub-section (2) as the electronic filing account you registered on the designated web portal. It is not a notice, an assessment or a demand, and the section attaches no consequence to it; the form, the manner, the time and the information it must carry are all prescribed elsewhere.

The words themselves

shall upload in the registered account of the assessee an annual information statement in such form and manner, within such time and along with such information, which is in the possession of an income-tax authority, as may be prescribed

Section section 510(1), Income-tax Act, 2025.

What people get wrong

Treating the statement as a demand or an assessment. The section requires an upload of information and states no consequence flowing from it.
Looking in the section for what the statement must contain or by when it is due — the form, manner, time and information are all prescribed elsewhere.
Assuming it can be delivered by other means. Sub-section (1) requires it to be uploaded in the registered account, defined in sub-section (2) as the assessee's electronic filing account on the designated web portal.

What this replaced

The correspondence is the Income Tax Department’s own, from its comparison utility for the 1961 and 2025 Acts. A renumbering is the easy half; whether the words changed is the half that decides cases.

285BB - Annual information statement

See the full 1961 to 2025 concordance.

Rules that serve this section

Rules of the Income-tax Rules, 2026 that work section 510. Where the rule’s own heading names the section we say so; the rest are marked on reading the rule, which is our derivation and not the department’s. A rule that serves the section silently and that we have missed will not appear here.

Rule 245 — Annual Information Statement — on reading the rule

All of them are in the Rules 2026 index.

What this page does not tell you. It does not reproduce the section. Everything above was written from the section’s own text as the Income Tax Department publishes it — the text is here, and nothing here is advice on your facts. Where a figure matters, read the sub-section it comes from.