Forms › Advance Tax, Clearance Certificates & Returns › Form 165

Form 165 — Statement of Specified Financial Transactions (SFT)

Compiled — pending CBDT Appendix III cross-check P · Advance Tax, Clearance Certificates & Returns
Replaces old Form 61A. Under the Income-tax Act, 2025, this compliance now uses Form 165.
New form numberForm 165
Old form number61A
Act 2025 referenceSFT
CategoryP · Advance Tax, Clearance Certificates & Returns
Applies fromTax Year 2026-27 (from 1 April 2026)

What is Form 165?

Form 165 is the Income-tax Act, 2025 form titled “Statement of Specified Financial Transactions (SFT)”. It replaces the earlier Form 61A 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 applies to Tax Year 2026-27 (AY 2026-27) onwards, i.e. from 1 April 2026.

A fuller plain-language explainer for Form 165, reviewed by our Chartered Accountants, is being added.

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 61A?

Under the Income-tax Act, 2025, old Form 61A is replaced by Form 165 — Statement of Specified Financial Transactions (SFT). It applies to Tax Year 2026-27 onwards.

From when does Form 165 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.

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Form for furnishing details
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.

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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.