Forms › Audit Reports & Capital Gains › Form 27

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.

Related forms in this category

Form 25 (was 3C)
Form of daily case register
Form 26 (was 3CA / 3CB / 3CD)
Tax audit report & statement of particulars (consolidates 3C...
Form 28 (was 3CEA)
Accountant's report for computation of capital gains in a sl...
Form 29 (was 62)
Certificate from principal officer of amalgamated company re...
Not sure which form applies to your case?

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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.