Notification No. 77 /2022 [F. No. 370142/29/2022-TPL (Part-1)] / GSR 505(E)

What it does

A corrigendum to Notification No. 73/2022 (G.S.R. 482(E)) dated 30 June 2022. It corrects seven places in the printed text: at page 3 line 24 and page 4 line 5 'exchange' is to read 'Exchange'; at page 3 line 32 'transferring' is to read 'transfer'; page 3 lines 37 and 38 are substituted so that sub-rule (4E) reads that the Exchange referred to in sub-rule (1) shall, at the time of preparing the quarterly statement in Form No. 26QF, furnish particulars of amount paid or credited on which tax was not deducted; at page 4 line 13 'pain' is to read 'paid'; at line 26 'issues' is to read 'issued'; and at line 35 'produced' is to read 'furnished'.

Who it reaches

Exchanges required to furnish the quarterly statement in Form No. 26QF
Persons whose transactions are reported in that statement
Officers processing quarterly statements of tax deduction

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

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.

2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
CORRIGENDUM
New Delhi, the 1st July, 2022
(INCOME-TAX)
G.S.R. 505(E).––In the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) number 73/2022 dated 30th June, 2022, published vide number G.S.R. 482(E), dated 30th June, 2022 in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i),––
(i) at page 3, in line 24, for word "exchange", read "Exchange",
(ii) at page 3, in line 32, for word "transferring", read "transfer";
(iii) at page 3, for lines 37 and 38, substitute,
"(4E) The Exchange referred to in sub-rule (1) shall, at the time of preparing the quarterly statement in Form No. 26QF, furnish particulars of amount paid or credited on which tax was not deducted in accordance";
(iv) at page 4, in line 5, for word "exchange", read "Exchange";
(v) at page 4, in line 13, for word "pain" read "paid";
(vi) at page 4, in line 26, for word "issues" read "issued";
(vii) at page 4, in line 35, for word "produced" read "furnished".
[Notification No. 77 /2022/F. No. 370142/29/2022-TPL (Part-1)]
ANKIT JAIN, Under Secy.
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.

Forms it touches. Form No. 26QF

From when

As part of the notification dated 30 June 2022 that it corrects.

What to watch

A corrigendum takes effect as part of the notification of 30 June 2022 that it corrects.
The substitution at lines 37 and 38 is substantive: sub-rule (4E) now requires particulars of amounts paid or credited on which tax was not deducted to be furnished at the time of preparing the Form No. 26QF statement.
The remaining items are corrections of case and spelling and do not alter the obligation.
The extract gives only the corrected words and not the rule as it now reads.

Where you meet it

In preparing the quarterly statement in Form No. 26QF and in reporting transactions on which no tax was deducted.

What it names

Forms it names. Form No. 26QF

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. 78/2022 [F. No. 187/3/2020-ITA-I] / SO 3044(E) · Notification No. 73/2022 [F. No. 370142/29/2022-TPL (Part-I)] / GSR 482(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.

What this is