Draft Income Tax Rule 27 and 28 – Forms for Statement of Preliminary Expenses (Section 44) and Audit Report for Deductions (Sections 44 & 51)

Draft Income-tax Rules 2026 mandate Form 5 for preliminary expense statements under Section 44 and Form 6 for audit reports under Sections 44 and 51. The rules clarify timelines, formats, and filing authorities to ensure compliance.

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