Section 133 l Power to Call for Information
Circular No. 223 was issued by the Central Board of Direct Taxes on 15 June 1977. Its subject is Section 133 l Power to Call for Information.
Raises from Rs. 400 to Rs. 1,000 the payment above which an assessee must attach the statement of rent, interest, commission, royalty, brokerage or annuity payments to his return. Section 133(4) lets the Income-tax Officer, the Appellate Assistant Commissioner or the Inspecting Assistant Commissioner call for a statement of names and addresses of persons paid such sums, other than annuity taxable as salary, above Rs. 400, with particulars of the payments, and Annexures H, I and K to return Form Nos. 1, 2 and 3A carried that requirement. Pending amendment of the forms, the Board directs that furnishing statements of payments exceeding Rs. 1,000 will be sufficient compliance with those Annexures read with rule 12 and section 133(4). A press note to the same effect had already been issued and is annexed.
Representations were received pointing to the hardship of the mandatory statement for every payment above Rs. 400.
SECTION 133 l POWER TO CALL FOR INFORMATION
788. Requirement of furnishing statement of payment along with return of income - Limit raised to Rs. 1,000 - Mode of compliance under sub-section (4)
1. Under section 133(4), the Income-tax Officer, the Appellate Assistant Commissioner, or the Inspecting Assistant Commissioner may, for the purposes of this Act, require any assessee to furnish a statement of the names and addresses of all persons to whom he has paid in any previous year rent, interest, commission, royalty or brokerage, or any annuity, not being annuity taxable under the head "Salaries" amounting to more than four hundred rupees, together with particulars of all such payments made.
2. To give effect to the above provision, the return of income Form Nos. 1, 2 and 3A require, vide item Nos. 3, 6 and 3 of Annexures H, I and K, respectively, the attachment of separate statements showing payments of the type mentioned above and exceeding Rs. 400.
3. Representations have been received by the Board pointing out the hardships being caused by the mandatory requirement of furnishing statements of the above-mentioned types of payments in excess of Rs. 400. It is proposed to amend the relevant forms of the returns of income so as to rise the limit of Rs. 400 to Rs. 1,000.
4. Pending amendment of the said forms, the Board have decided that it will be sufficient compliance of the requirements of the above referred Annexures to the forms prescribed under rule 12 of the Income-tax Rules, read with section 133(4), if the assessees furnish statements of payments exceeding Rs. 1,000. A Press Note [printed here as Annex] to this effect has already been issued.
Circular: No. 223 [F. No. 220/13/77-IT(A-II], dated 15-6-1977.
ANNEX - PRESS NOTE REFERRED TO IN CLARIFICATION
Under section 133(4), the Income-tax Officer, the Appellate Assistant Commissioner or the Inspecting Assistant Commissioner may, for the purposes of this Act, require any assessee to furnish a statement of the names and addresses of all persons to whom he has paid in any previous year rent, interest, commission, royalty or brokerage, or any annuity, not being any annuity taxable under the head "Salaries" amounting to more than four hundred rupees, together with particulars of all such payments made.
To give effect to the above provision, the return of income Form Nos. 1, 2 and 3A require, vide item Nos. 3, 6 and 3 of Annexures H, I and K, respectively, the attachment of separate statements showing payments of the type mentioned above and exceeding Rs. 400.
It has now been decided by the Government that it would be sufficient compliance of the requirements of the above referred items of the Annexures to the returns of income, if an assessee attaches with the return of income, statements showing particulars of payments exceeding Rs. 1,000.
In an old dispute over a return treated as defective for want of the annexure of payments, or on a section 133(4) requisition.
Rules it names. Rule 12 of the Income-tax Rules, 1962. The 1962 Rules were replaced by the Income-tax Rules, 2026, which renumbered nearly everything: a rule number quoted here almost never means the same rule today.
Source: the Income Tax Department’s own published text — its page for this instrument.