Rule 85 prescribes Form No. 48 for the accountant's report that everyone with an international transaction or specified domestic transaction must furnish under section 172, due at least one month before the return due date.
85
Rules 2026 · Rule 85
Report from an accountant to be furnished under section 172
Rules 77-130
The rule. The report from an accountant under section 515(3)(b), required under section 172, is in Form No. 48, verified as the Form indicates (sub-rule 1). It is furnished at least one month before the due date for furnishing the return of income under section 263(1)(c) (sub-rule 2).