Forms › Advance Tax, Clearance Certificates & Returns › Form 162

Form 162 — Annual Statement (liaison office of non-resident)

Compiled — pending CBDT Appendix III cross-check P · Advance Tax, Clearance Certificates & Returns

Replaces old Form 49C. Under the Income-tax Act, 2025, this compliance now uses Form 162.

New form numberForm 162

Old form number49C

Act 2025 reference505

CategoryP · Advance Tax, Clearance Certificates & Returns

Applies fromTax Year 2026-27 (from 1 April 2026)

What is Form 162?

Form 162 is the Income-tax Act, 2025 form titled “Annual Statement (liaison office of non-resident)”. It replaces the earlier Form 49C used under the Income-tax Act, 1961 (and the Income-tax Rules, 1962). The purpose of the form is unchanged — the number and format have been updated under the new law.

It falls under the Advance Tax, Clearance Certificates & Returns category and relates to Section 505 of the Act, and applies to Tax Year 2026-27 (AY 2026-27) onwards, i.e. from 1 April 2026.

A fuller plain-language explainer for Form 162, reviewed by our Chartered Accountants, is being added.

📘 Where this is written in the Act: Form 162 is governed under Section 505 of the Income-tax Act, 2025.

🔎 Verify in the official Act (PDF)

Transitional rule — which form applies?

⚠️ Which form applies depends on the tax year the compliance relates to, not the calendar date you file. Proceedings for tax years beginning before 1 April 2026 (assessments, appeals, TDS for transactions up to 31 March 2026, and Section 89 relief for those years) continue on the old forms.

Frequently asked questions

What is the new form for Form 49C?

Under the Income-tax Act, 2025, old Form 49C is replaced by Form 162 — Annual Statement (liaison office of non-resident). It applies to Tax Year 2026-27 onwards.

From when does Form 162 apply?

It applies to Tax Year 2026-27 (AY 2026-27) onwards, i.e. from 1 April 2026. Compliance relating to earlier tax years continues on the old forms.

Not sure which form applies to your case?

Our Chartered Accountants handle the filing end-to-end — TDS certificates, audit reports, trust/NGO compliance and more.

💬 Ask our CA on WhatsApp

This directory is compiled from official CBDT / incometax.gov.in sources and reputable references, and is being reconciled against the Gazette-notified Income-tax Rules, 2026 (Appendix III). Forms marked “compiled” are pending that final cross-check. This is general information, not tax advice.

Form 162 — Annual Statement (liaison office of non-resident)

What is Form 162?

Transitional rule — which form applies?

Frequently asked questions

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