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Income Tax · New ActIncome-tax forms under the 2025 Act: old-to-new form mapping
The Income-tax Rules, 2026 cut the number of forms from 399 to 190. The ones you use every year – Form 16, Form 12BB, Form 26QB – now have new numbers. Here is a mapping of the key forms, when each applies, and what to do in the transition year.
Forms are where the law meets daily compliance. When the Income-tax Rules, 2026 replaced the 1962 Rules from 1 April 2026, most forms were renumbered and many were merged. Using an old form for a new-year transaction can mean a rejected filing or a default notice.
Forms confirmed in the department's material
| Purpose | Old form (1962 Rules) | New form (2026 Rules) | Applies from |
|---|---|---|---|
| Salary TDS certificate | Form 16 | Form 130 | Tax Year 2026-27 |
| Employee declaration for HRA, LTA, deductions | Form 12BB | Form 124 | Tax Year 2026-27 |
| TDS by buyer on property purchase | Form 26QB | Form 141 (Schedule for property) | Payments from 1 Apr 2026 |
| TDS on rent by individuals/HUF | Form 26QC | Form 141 (Schedule for rent) | Payments from 1 Apr 2026 |
| TDS on contract/professional fees by individuals | Form 26QD | Form 141 (Schedule for contract/professional) | Payments from 1 Apr 2026 |
| TDS certificate to seller / landlord / contractor | Form 16B / 16C / 16D | Form 132 | Payments from 1 Apr 2026 |
For other forms – audit reports, remittance forms, lower deduction applications, trust forms – check the form list on the e-filing portal, as utilities are being released in phases. We avoid listing numbers here that we have not verified against the notified Rules.
What continues on old forms
Everything that relates to FY 2025-26 or earlier stays on the 1962 Rules forms:
- ITR-1 to ITR-7 for AY 2026-27, including belated and revised returns filed by 31 December 2026 / 31 March 2027.
- Form 16 for salary of FY 2025-26 (due 15 June 2026).
- Forms 3CA/3CB/3CD tax audit reports for FY 2025-26.
- Form 3CEB for transfer pricing in FY 2025-26.
- Form 26QB/26QC/26QD for payments made up to 31 March 2026, even if filed late.
Worked example: a flat bought across the transition
Example: Mr and Mrs Bansal book an under-construction flat in Rohini for ₹90 lakh. They pay ₹30 lakh on 20 March 2026 and ₹30 lakh on 15 June 2026.
| Instalment | Date | TDS 1% | Form | Due date | Certificate |
|---|---|---|---|---|---|
| 1 | 20 Mar 2026 | ₹30,000 | Form 26QB (each buyer for their share) | 30 Apr 2026 | Form 16B |
| 2 | 15 Jun 2026 | ₹30,000 | Form 141 | 30 Jul 2026 | Form 132 |
Each statement is due within 30 days from the end of the month of deduction. If they used Form 26QB for the June instalment, the builder would not get proper credit and a correction would be needed. Our TDS on property guide has the step-by-step process.
Transition checklist for employers
- Update payroll software to produce Form 130 for Tax Year 2026-27.
- Collect Form 124 declarations (with landlord PAN where rent exceeds ₹1 lakh a year).
- Issue Form 16 for FY 2025-26 by 15 June 2026 as usual.
- File quarterly TDS statements for Tax Year 2026-27 in the new format with new section codes.
- Keep both sets of certificates in employee files.
Transition checklist for individuals
- Using the right form for TDS on property, rent and large contract payments (Form 141 from April 2026).
- Downloading Form 132 from TRACES and giving it to the payee within the time allowed.
- Matching certificates with your AIS and Form 26AS.
- Asking your employer for Form 130 (not Form 16) for Tax Year 2026-27 salary.
Common mistakes
- Filing a late Form 26QB for an April 2026 payment – it should be Form 141.
- Assuming form numbers mean the same as before – the 2026 Rules renumbered the whole series.
- Downloading outdated utilities. Always use the latest version from the portal.
Key takeaway
Match the form to the year. For anything from 1 April 2026, use the 2026 Rules forms – Form 130, 124, 141 and 132 are the ones most people will meet. For a full list of sections and forms in one place, use our Law Library.
Official references
Provisions discussed (summaries in our Law Library):
- Income-tax Rules, 2026 & forms – Form 130 (corresponds to Form 16): Salary TDS certificate
- Income-tax Rules, 2026 & forms – Form 124 (corresponds to Form 12BB): Employee declaration of investments & rent
Official sources to verify the current text, notifications and circulars:
Frequently asked questions
Is Form 16 discontinued?
For Tax Year 2026-27 onwards, the salary TDS certificate is Form 130 under the Income-tax Rules, 2026. Form 16 continues for FY 2025-26 salary, issued by 15 June 2026.
Which form replaces 26QB for TDS on property purchase?
Form 141, a single challan-cum-statement for property purchase, rent paid by individuals and contract/professional payments by individuals. It applies to payments from 1 April 2026.
What is Form 124?
The employee's declaration to the employer of rent, loans, LTA and deductions – the replacement for Form 12BB from Tax Year 2026-27.
Will ITR form names change?
Returns for FY 2025-26 use the existing ITR-1 to ITR-7. ITR forms for Tax Year 2026-27 will be notified under the 2026 Rules before the 2027 filing season; check the portal for the final names.
Will my employer give me both Form 16 and Form 130 in 2027?
No. In June 2027 you will receive Form 130 for Tax Year 2026-27. Form 16 for FY 2025-26 was issued by 15 June 2026.
Is Form 141 filed by the buyer or the seller?
By the buyer (deductor), using the buyer's PAN on the e-filing portal. The seller receives Form 132, the TDS certificate, from the buyer.
What if I filed Form 26QB for a payment made after April 2026?
Contact the TDS helpdesk or your CA to correct it; the deduction should be reported in Form 141. Delay in correct filing can attract fee and interest and deprives the payee of credit.
This article is general information on the law as on 10 November 2026, written for educational purposes. It is not professional advice for your case. Section numbers under the Income-tax Act, 2025 should be confirmed with the official section mapping on the Income Tax Department website before use in filings.
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