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Case law › Forms › Form 5B
Registration, approval and notification Became Form 2

Form 5B

Application for notification of a zero coupon bond under clause (48) of section 2 of the Income-tax Act, 1961

What this form is

Form 5B belongs to the regime of the Income-tax Act, 1961. The same ground is now covered by Form 2 of the Income-tax Rules, 2026. It is an application. Nothing follows from filing it by itself; what follows is an order, and the order is what matters. 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 namesWhere it sits now
section 2 of the 1961 Actsection 2, section 346, section 355

Rules of the 2026 Rules that work the same section. rule 4 (Conditions that a stock exchange is required to fulfil to be notified), rule 5 (Procedure for notification of a recognised stock exchange for the), rule 173 (Jurisdiction of Valuation Officers as per section 2(110) read with). 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 became under the 2026 Rules

The description changed with the number, and the change is worth reading: the 2026 wording points at the Income-tax Act, 2025, and a great deal of what used to sit in a section of the 1961 Act now sits in a Schedule.
Under the 2026 RulesWhat the department calls it
Form 2Application for notification of a zero coupon bond under section 2(112)

Where you meet it

You meet it when something has to be sanctioned before it will work — a trust registered, a fund approved, a project notified. The approval is prospective and conditional; the conditions on the order are as much a part of it as the approval itself.

On the same provision

Decisions in this library that turn on the same provision of the 1961 Act that this form names. They are about the provision, not about the form; a case is listed here because it argues the section, and none of them is authority on how the form itself is to be filled in.

Near it

Other forms we have put in the same group — registration, approval and notification.

Form 3CF, Form 3CG, Form 3CH, Form 3CJ, Form 3CK, Form 3CL, Form 3CM, Form 3CN, Form 3CO, Form 3CP, Form 3CQ, Form 3CR

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. Both are here because a notice, an order or a judgment may name either number.
Form 5B — 1962 Rules (PDF) Fillable version Form 2 — 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.