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FORM NO.27C

FORM NO.27C

[See rule 37C]

Declaration under sub-section  (1A) of section 206C of the Income-tax Act,

1961 to be made by a buyer for obtaining goods without collection of tax

PART I

I/We* ………..,*son/daughter/wife of ……., resident of …. @, do hereby

declare –

1. that *my/our present occupation is ………;

2. that ………………………… is to be utilised for      [nature of the

goods referred to in the Table in sub-section (1) of section 206C]

the purpose of *manufacturing/processing/producing articles or things and

not for trading purposes;

3. that *I am/we are assessed to income-tax by the Assessing Officer …..

Circle/Ward and the permanent account number allotted to me is ….;

OR

that *I was/we were last assessed to income-tax for the assessment year ….

by the Assessing Officer ….. Circle/Ward and the permanent account number

allotted to me is ….;

 OR

that *I/we have not been assessed to income-tax at any time in the past but

I fall within the jurisdiction of the Chief Commissioner of Commissioner of

Income-tax ….;

 …………

**Signature of the

declarant

Verification

I/We …. do hereby declare that to the best of my/our knowledge and belief what

is stated above is correct, complete and is truly stated.

Verified today, the ….. day of …….

Place …..

        ……………

 Signature of the declarant



Note:

1. @ Give complete postal address.

2. The declaration should be furnished in duplicate.

3. *Delete whichever is not applicable.

4. ** Indicate the capacity in which the declaration is furnished on behalf of a

Hindu undivided family, association of persons, firm etc.

5. Before signing the verification, the declarant should satisfy himself that the

information furnished in the declaration is true, correct and complete in all

respects.  Any person making a false statement in the declaration shall be

liable to prosecution under section 277 of the Income-tax Act, 1961, and on

conviction be punishable -

(i) in a case where tax sought to be evaded exceeds one lakh rupees,

with rigorous imprisonment which shall not be less than six months

but which may extend to seven years and with fine;

(ii) in any other case, with rigorous imprisonment which shall not be less

than three months but which may extend to three years and with fine.



PART II

[FOR USE BY THE PERSON TO WHOM THE DECLARATION IS FURNISHED]

1. Name and address of the person responsible for

collecting tax at the time of the sale of the goods

referred to in paragraph 2.

2. Date on which the declaration was furnished by

the declarant.

3. Date of debiting of the amount payable by the

buyer to the account of the buyer or receipt of

the amount payable from the buyer in cash or by

issue of a cheque or draft or by any other mode.

Forwarded to the Chief Commissioner or Commissioner of Income-tax. …

Place ……..

Date ……...

 ………………

Signature of the person responsible for

collecting tax at the time of the sale of

the goods referred to in paragraph 2.


Download Word Document In English. (Rs.15/-)






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