Notification No. 176

I.t. (Seventeenth Amdt.) Rules, 2005

What this is

Notification No. 176 was published on 28 June 2005. Its subject is I.t. (Seventeenth Amdt.) Rules, 2005.

This amends the Income-tax Rules. What it changes is the Rules, not the Act — and a rule can never take away what the section gives.

What it does

In exercise of the powers under section 295 of the Income-tax Act, 1961, the Central Board of Direct Taxes makes the Income-tax (Seventeenth Amendment) Rules, 2005, inserting rule 31AC in Part VI of the Income-tax Rules, 1962 after rule 31AB and Form No. 26QA in Appendix II after Form No. 26Q. Rule 31AC provides that the quarterly return to be furnished under sub-section (1) or sub-section (2) of section 206A shall be in Form No. 26QA and verified in the manner indicated therein. It is to be furnished to the Director General of Income-tax (Systems) or a person authorised by him, on or before 31 July, 31 October, 31 January and 30 June following the respective quarter of the financial year. Form No. 26QA is a quarterly return in respect of payment of interest to residents without deduction of tax under section 206A, with Part A giving the payer's TAN, PAN, financial year, assessment year, whether revised, address, the total interest paid or credited and the number of transactions reported, verified by the principal officer of the banking company, co-operative society or public company, and Part B, to be furnished on computer media, giving the transaction details.

Who it reaches

banking companies, co-operative societies and public companies paying interest to residents without deduction of tax
principal officers who must verify the return
the Director General of Income-tax (Systems) and authorised persons receiving the returns
depositors whose interest particulars are reported

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.206A	s.397
s.295	s.533

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

I.T. (SEVENTEENTH AMDT.) RULES, 2005
Income-tax (Seventeenth Amendment) Rules, 2005 - Insertion of rule 31AC in Part VI and Form No. 26QA in Appendix II to Income-tax Rules, 1962
NOTIFICATION NO. 176/2005 [F.NO. 142/11/2005-TPL], DATED 28-6-2005
In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely :—
1. (1) These rules may be called the Income-tax (Seventeenth Amendment) Rules, 2005.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Income-tax Rules, 1962,—
(a) in Part VI, after rule 31AB, the following rule shall be inserted, namely :—
"31AC. Quarterly return of non-deduction of tax at source under section 206A.—(1) The quarterly return to be furnished under sub-section (1) or sub-section (2) of section 206A shall be in Form No. 26QA and shall be verified in the manner indicated therein.
(2) The quarterly return referred to in sub-rule (1) shall be furnished,—
(i) to the Director General of Income-tax (Systems) or the person authorized by the Director General of Income-tax (Systems);
(ii) on or before the 31st July, the 31st October, the 31st January and the 30th June following the respective quarter of the financial year."
(b) In Appendix II, after Form No. 26Q, the following Form shall be inserted, namely :—
"Form No. 26QA
(See Section 206A and rule 31AC)
Quarterly return for the quarter ended June/September/December/March (tick whichever applicable) of the Financial Year.............. in respect of payment of interest to residents without deduction of tax under section 206A
Part A

1.

(a) Tax Deduction and Collection Account No.(TAN)

................................................................

(d) Assessment Year

................................................................

(b) Permanent Account No.(PAN)

................................................................

(e) Is this a revised return (Yes/No)

................................................................

(c) Financial Year

................................................................

(f) If answer to (e) is ‘Yes’, then Provisional receipt No. of original return

................................................................

2.

Particulars of the Payer :

(a) Name

................................................................

(b)Branch/Division/Office/Unit

................................................................

(c) Address :(i) Flat/Premises No.

................................................................

(ii) Name of the premises/building

................................................................

(iii) Road/Street/Lane

................................................................

(iv) Area/location

................................................................

(v) Town/City/District

................................................................

(vi) State

................................................................

(vii) Pin Code

................................................................

(viii) Telephone No.

................................................................

(ix) E-mail

................................................................

(d) Total amount of interest paid/credited(Part B)

................................................................

(e) Total number of transactions reported(Part B)

................................................................

Verification
I, ......................................................................................................., hereby certify that all the particulars furnished are correct and complete.

Place:

Signature of the principal officer of the banking company/co-operative society/public company..............................

Date:

Name and designation of the principal officer......................................................................................................

(For Office Use)
Receipt No. ............................... Date : ............................ Name and signature of the person receiving the quarterly return (with stamp) : ...........................................
PART B
(on computer media)
Quarterly return for the quarter ended .............. of the Financial Year .............. in respect of payment of interest to residents without deduction of tax under section 206A

(a) Name of the Payer :

...............................

(b) TAN :

...............................

(c) PAN :

...............................

(d) Address :(i) Flat/Premises No.

...............................

(ii) Name of the premises/building

...............................

(iii) Road/Street/Lane

...............................

(iv) Area/location

...............................

(v) Town/City/District

...............................

(vi) State

...............................

(vii) Pin Code

...............................

(viii)Telephone No.

...............................

(ix) E-mail

...............................

(e) Total amount of interest paid/ credited

...............................

(f) Total number of transactions reported

...............................

(g) Details of the persons and the payments/credits on which tax is not liable to be deducted at source :

S. No.

Name

PAN (Quote PAN wherever PAN is available Mention ‘NA’ where PAN is not available)

Date of Birth

Amount of Time Deposit/ other Deposit

Reference No. Time Deposit/ other Deposit

Date of Time Deposit /other Deposit

Amount of interest paid/ credited

Address of the payee

Flat/Premises number

Name of the premises/ building

Road/ Street/ Lane

Area/ location

Town/ City/ District

State

Pin Code

(450)

(451)

(452)

(453)

(454)

(455)

(456)

(457)

(458)

(459)

(460)

(461)

(462)

(463)

(464)

1

2

3

4

5

Place :
Date : Name and designation of the principal officer of the banking company/co-operative society/public company......................"

What it changes

The rule numbers are the 1962 Rules’ own, as the notification names them. The right-hand column is the department’s own mapping into the Income-tax Rules, 2026, which renumbered nearly everything.

Rule of the 1962 Rules	Now, in the 2026 Rules
Rule 31AB	no counterpart recorded
Rule 31AC	no counterpart recorded

Forms it touches. Form No. 26Q, Form No. 26QA

From when

the date of publication in the Official Gazette.

What to watch

The rules come into force on the date of their publication in the Official Gazette.
The four due dates are 31 July, 31 October, 31 January and 30 June following the respective quarter, so the fourth quarter carries a longer period than the others.
Part B of Form No. 26QA must be furnished on computer media.
The return is of interest paid without deduction of tax, so it captures precisely what does not appear in the TDS statements.

Where you meet it

In a bank's or company's quarterly filing of Form No. 26QA, and in an assessment where interest received without deduction of tax is traced to that return.

What it names

Forms it names. Form No. 26Q, Form No. 26QA

Rules it names. Rule 31AB, 31AC 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.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 1 of 2022 — DGIT(S)/ADG(S)-21Compliance Che<;k/43212021-22 9 June 2022
Notification No. 71 — Income-tax (Second Amendment) Rules, 2006 - Substitution of rule 31AC and Form No 17 March 2006
Notification No. 54/2026 [F. No. 370142/15/2026-TPL] / G.S.R. 240(E) — Ministry of Finance 31 March 2026
Notification No. 52/2026 [F.No. 370142/13/2026-TPL] / G.S.R. 233(E) — (Central Board of Direct Taxes) 30 March 2026
Notification No. 141/2025 [F. No. 370142/30/2025-TPL] / G.S.R. 598(E) — Ministry of Finance 1 September 2025
Notification No. 136/2025 [F. No. 370142/29/2025-TPL] / G.S.R 566(E) — Ministry of Finance 21 August 2025

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.