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Form 27 — Details of amount attributed to capital asset remaining with the specified entity

Compiled — pending CBDT Appendix III cross-check D · Audit Reports & Capital Gains

Replaces old Form 5C. Under the Income-tax Act, 2025, this compliance now uses Form 27.

New form numberForm 27

Old form number5C

Act 2025 referenceCapital gains

CategoryD · Audit Reports & Capital Gains

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

What is Form 27?

Form 27 is the Income-tax Act, 2025 form titled “Details of amount attributed to capital asset remaining with the specified entity”. It replaces the earlier Form 5C 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 Audit Reports & Capital Gains 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 27, 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 5C?

Under the Income-tax Act, 2025, old Form 5C is replaced by Form 27 — Details of amount attributed to capital asset remaining with the specified entity. It applies to Tax Year 2026-27 onwards.

From when does Form 27 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.

Need help with Form 27?

Our CA-led team handles it end-to-end — Details of amount attributed to capital asset remaining with the specified entity.

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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.

Form 27 — Details of amount attributed to capital asset remaining with the specified entity

What is Form 27?

Transitional rule — which form applies?

Frequently asked questions

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