Case law › Notifications › 2020 › Notification No. 30/2020 [F. No. 370142/20/2020-TPL] / GSR 329(E)

Notification 28 May 2020

Notification No. 30/2020 [F. No. 370142/20/2020-TPL] / GSR 329(E)

Ministry of Finance

What this is

Notification No. 30/2020 [F. No. 370142/20/2020-TPL] / GSR 329(E) was published on 28 May 2020. Its subject is Ministry of Finance.

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

The Central Board of Direct Taxes makes the Income-tax (11th Amendment) Rules, 2020 under section 285BB read with section 295 of the Income-tax Act, 1961. Rule 31AB of the Income-tax Rules, 1962 is omitted, and a new rule 114-I is inserted after rule 114H providing for an Annual Information Statement. Under sub-rule (1) the Principal Director General or Director General of Income-tax (Systems), or a person authorised by him, must upload in the assessee's registered account an annual information statement in Form No. 26AS containing six classes of information in his possession — tax deducted or collected at source, specified financial transactions, payment of taxes, demand and refund, pending proceedings and completed proceedings — within three months from the end of the month in which the information is received. Sub-rule (2) allows the Board to authorise the uploading of information received from any officer, authority or body performing a function under any law, information received under an agreement referred to in section 90 or section 90A, or information from any other person, to the extent thought fit in the interest of the revenue; sub-rule (3) leaves the procedures, formats and standards to the Principal Director General or Director General (Systems). Form 26AS in Appendix II is substituted by a new Form No. 26AS, headed Annual Information Statement and referring to rule 114-I, with Part A carrying the assessee's identification particulars and Part B the seven heads of information.

Who it reaches

All assessees who consult Form No. 26AS before filing a return
Deductors and collectors whose reporting feeds the statement
Reporting entities filing statements of specified financial transactions
The Directorate of Income-tax (Systems), which must upload the statement

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.3	s.3
s.90	s.159
s.90A	s.159
s.285BB	s.510
s.295	s.533

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 28th May, 2020
INCOME-TAX
G.S.R. 329(E).—In exercise of the powers conferred by section 285BB read with 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. Short title and commencement.-(1) These rules may be called the Income-tax (11th Amendment) Rules, 2020.
(2) They shall come into force with effect from the 1st day of June, 2020.

2. In the Income-tax Rules, 1962 –
(I) rule 31AB shall be omitted;
(II) after rule 114H, the following rule shall be inserted, namely:-
"Annual Information Statement
114-I. (1) The Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) or any person authorised by him shall, under section 285BB of the Income-tax Act,1961, upload in the registered account of the assessee an annual information statement in Form No. 26AS containing the information specified in column (2) of the table below, which is in his possession within three months from the end of the month in which the information is received by him:─

TABLE
Sl. No | Nature of information
(1) | (2)
(i) | Information relating to tax deducted or collected at source
(ii) | Information relating to specified financial transaction
(iii) | Information relating to payment of taxes
(iv) | Information relating to demand and refund
(v) | Information relating to pending proceedings
(vi) | Information relating to completed proceedings

(2) The Board may also authorise the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) or any person authorised by him to upload the information received from any officer, authority or body performing any function under any law or the information received under an agreement referred to in section 90 or section 90A of the Income-tax Act,1961 or the information received from any other person to the extent as it may deem fit in the interest of the revenue in the annual information statement referred to in sub-rule (1).

(3) The Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) shall specify the procedures, formats and standards for the purposes of uploading of annual information statement referred to in sub-rule (1)."

(III) in Appendix II, Form 26AS shall be substituted by the following Form, namely:-

Form 26AS Annual Information Statement
[See rule 114-I ]
Financial Year:
XXXX-XX
Assessment Year:
XXXX-XX

Part A
Permanent Account Number: Aadhaar Number:
Name :
Date of Birth/Incorporation:
Mobile No. :
Email Address :
Address:

Part B
Sl. No | Nature of information
1. | Information relating to tax deducted or collected at source
2. | Information relating to specified financial transaction
3. | Information relating to payment of taxes
4. | Information relating to demand and refund
5. | Information relating to pending proceedings
6. | Information relating to completed proceedings
7. | Any other information in relation to sub-rule (2) of rule 114-I

[Notification No. 30/2020/F. No. 370142/20/2020-TPL]
ANKUR GOYAL, Under Secy.

Note : The principal rules were published in the Gazetted of India, Extraordinary, Part II Section 3, Sub-section (ii) vide number S.O. 969 (E) dated the 26th March, 1962 and last amended by the Income-tax (10th Amendment) Rules, 2020 vide notification No. G.S.R. 315(E), dated the 27-5-2020.

Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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 114-I	no counterpart recorded
Rule 31AB	no counterpart recorded
Rule 114H	rule 240

Forms it touches. Form No. 26AS

From when

1 June 2020.

What to watch

The rules come into force with effect from 1 June 2020.
Rule 31AB stands omitted, so the annual tax credit statement is now governed by rule 114-I alone.
Form No. 26AS ceases to be only a tax credit statement: it now also carries demand and refund, pending proceedings and completed proceedings, and Part A carries Aadhaar number, mobile number and email address.
The three-month outer limit runs from the end of the month in which the information is received by the Systems Directorate, not from the end of the financial year.
Information under sub-rule (2), including information received under a section 90 or section 90A agreement, appears only where the Board so authorises, and it is reported at item 7 of Part B.

Where you meet it

In Form No. 26AS as downloaded from the assessee's registered account before filing the return, and in any reconciliation of credits, demands and proceedings shown there.

What it names

Forms it names. Form No. 26AS

Rules it names. Rule 114, 114H, 31AB 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. 94/2026 [F. No. 370142/24/2026-TPL] / G.S.R. 646(E) : Income-tax (Second Amendment) Rules, 2026 : Amendment of rule 157 of the Income tax Rules, 2026 to align the definition of the specified fund with rule 114AAB of the Income tax Rules, 1962 — Ministry of Finance 21 July 2026
Notification No. 64 — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 7 16 April 2026
Notification No. 63/2026 [F. No. 370142/13/2026-TPL]/ GSR 268(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026
Notification No. 62/2026 [F. No. 370142/10/2026-TPL]/ GSR 267(E) — Ministry of Finance 10 April 2026
Notification No. 61/2026 [F. No. 370142/9/2026-TPL] / GSR 266(E) — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 10 April 2026
Notification No. 60/2026 [F. No. 370142/8/2026-TPL]/ GSR 265(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026

← Notification No. 31/2020 [F. No. 370142/32/2019-TPL] / GSR 338(E) · Notification No. 29/2020 [ F. No. 142/15/2015-TPL] / GSR 315(E) →

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.