Form 167 of the Income-tax Rules, 2026

Statement to furnish information on transaction of crypt-asset under section 509

What this form is

Form 167 of the Income-tax Rules, 2026 is new. The department’s concordance shows no form of the 1961 regime behind it. It is a periodic statement. It reports what happened in a period whether or not anything is owed at the end of it. The assessee signs and files this himself.

Which provision requires it

Left, the provision as the department’s description names it. Right, where the same ground is covered now — taken from the department’s own section and rule concordances, not worked out by us.

What the description names	Where it sits now
named in the 2026 description	section 509 — Obligation to furnish information on transaction of crypto-asset

Rules of the 2026 Rules that work the same section. rule 242 (Obligation for reporting transaction of crypto-asset under section 509), rule 243 (Reporting requirements for transaction of crypto-asset under section), rule 244 (Due diligence procedures under section 509). This is our own matching — we have paired the section the form names with the rules whose headings name that same section. The department has not said that any of these rules prescribes this form.

What it is under the 2026 Rules

This form is new. The department’s concordance leaves the 1961 column empty for it, which means there is no earlier form it replaces and no older practice to read across from. Its number is Form 167, and the department describes it as: “Statement to furnish information on transaction of crypt-asset under section 509”.

Where you meet it

You meet it as a recurring obligation with a date attached, generally unconnected to any tax being payable. Because nothing is owed, it is the one that gets forgotten, and the penalty for not filing runs by the day.

Near it

Other forms we have put in the same group — statements, returns and reporting.

Form 3AF, Form 3BB, Form 5C, Form 10, Form 10BBD, Form 10BD, Form 10IG, Form 10IH, Form 10II, Form 10IK, Form 26AS, Form 46

Get the form

Published by the Income Tax Department. The link goes to their file, not a copy of it — a form is revised without notice and a stale copy is worse than none.

Form 167 — 2026 Rules (PDF) All forms at the department

What here is the department’s and what is ours. The form number, the sentence describing it, and the pairing of the old form with the form it became are all taken from the Income Tax Department’s own published forms concordance, and are reproduced as the department wrote them — including its abbreviations and its occasional typing errors. Everything else on this page is ours: the plain-English account of what the form is, the reading of which provision requires it, the grouping the form sits in, the note on where you meet it, and the selection of cases. The department has not said that this form serves that section; we have read that off the description and off its own section concordance, and we can be wrong. Before you rely on any of it, open the form.