Certain Forms for Income Tax Deduction scrapped w.e.f. 1st April 2021

The Central Board of Direct Taxes (CBDT) has notified that Form 10G, 56, 3CF-I, 3CF-II and 3CF-III ceased to be effective on or after the 1 April, 2021.

Form 10G

Application for grant of approval to fund or institution under clause (vi) of sub-section (5) of section 80G of the Income-tax Act, 1961.

        Earlier 10G form for 80G registration has been withdrawn, the same can be applied now with Form 10A or 10AB as the case may be.

Form 56

        The application for grant of exemption or continuance under section 10(23C)(iv) and (v) for the year has been omitted by the CBDT.

Form 3CF-I, 3CF-II and 3CF-III

Form No. 3CF-I/II and Form No. 3CF-III has been substituted by ‘Form No. 3CF’ under Rules 5C , 5D, 5E and 5F respectively of the Income-Tax Rules, 1962 and manner of furnishing the same has been introduced with regard to deductions of expenditure on scientific research.

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