FORM NO. 37EE Template Free Download India PDF/Word

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FORM NO. 37EE Format

Need a precise FORM NO. 37EE format to file your application for settlement under Section 245C of the Income-tax Act, 1961? Our ready-to-use, customizable template in PDF or Word format simplifies the process for Indian taxpayers seeking amicable resolution of tax disputes.

What is FORM NO. 37EE?

FORM NO. 37EE is the official application form prescribed under the Income-tax Rules, 1962, for assessees to apply to the Income Tax Settlement Commission. It is used when a taxpayer wants to disclose undisclosed income or settle pending cases involving search, survey, or other proceedings. This legal template ensures compliance with Rule 9B, enabling you to present a full and true disclosure of your income for the relevant assessment years. Whether you're an individual, firm, or company, having the correct FORM NO. 37EE sample is crucial for initiating the settlement process in India.

Why is FORM NO. 37EE Important?

Filing FORM NO. 37EE is vital for taxpayers facing complex tax litigations. It offers a chance to settle cases without prolonged court battles, potentially reducing tax liability through waivers on interest and penalties. Under Chapter XIXA of the Income-tax Act, the Settlement Commission provides immunity from prosecution and penalties upon acceptance. Using a professional FORM NO. 37EE format ensures your application meets all legal requirements, including pre-requisite payments and detailed disclosures. It's especially important post the 2020 amendments limiting its scope to search/survey cases, making accuracy paramount to avoid rejection.

Key Elements of FORM NO. 37EE Format

Our customizable FORM NO. 37EE template includes all essential sections:

Assessee Particulars: Name, PAN, address, status (individual/HUF/company).
Assessment Years: Details of years involved, including those under search/survey.
Full and True Disclosure: Manner of deriving undisclosed income, total income computation.
Annexures: Financial statements, valuation reports, and proofs of payments under Section 245C(1).
Verification: Signed declaration by the assessee or authorized representative.
Additional Details: Facts leading to the application and proposed settlement terms.

This ready-to-use legal template is drafted to align with the latest Income Tax Department guidelines, saving you time and ensuring completeness.

Who Should Use FORM NO. 37EE?

FORM NO. 37EE is ideal for:

Taxpayers with undisclosed income detected during search or survey operations.
Businesses or individuals with pending appeals or reassessments seeking quick resolution.
High-net-worth assessees aiming for immunity from prosecution. Common use cases include business entities in manufacturing, trading, or services facing tax scrutiny in civil or commercial matters across India.

Download Your FORM NO. 37EE Format Now

Get instant access to our professional FORM NO. 37EE sample in editable Word or PDF format. Free download available for basic version; upgrade to premium for AI-customized or lawyer-reviewed options tailored to your case. Perfect for court filings or company compliance.

Customize and Get Legal Advice

While our FORM NO. 37EE format is ready to use and fully compliant, we recommend consulting a tax expert or chartered accountant for personalization. It's not a substitute for professional legal advice. Explore related templates like Form 37EA, settlement applications, or other Income Tax formats for your needs. Download today and streamline your tax settlement process!

(Word count: 512)

FORM NO. 37EE

Non-Judicial

FORM NO. 37EE

[See rule 48DD]

Statement to be registered with the competent authority under

section 269AB(2) of the Income-tax Act, 1961

1. Name and address of the transferor

2. Name and address of the transferee

3. @ Detailed description, location and other particulars of the

property transferred

4. Whether land is freehold or leasehold

5. In the case of building-

(a) floorwise plinth area

(b) year or years in which the building was constructed

6. Where the transfer of property involves transaction of the

nature referred to in section 269AB(1)(a)?

(a) date of transfer

(b) date on which possession of the property was taken by

the transferee if the date at ( b) above is prior to the date

at (a) above and the transferee retains the possession of

the property in part performance of the contract and does

some other act in furtherance of the contract?

(i) the nature of the act performed by the transferee in

furtherance of the contract

(ii) the date on which such act was performed by the

transferee

(Also attach copy of the contract)

7. Where the transfer of property involves transaction of the

nature referred to in section 269AB(l)( b)

(a) name and address of the co-operative society, company

or other association of persons

(b) date of becoming a member of and/or acquiring shares

in co-operative society, company or other association of

persons

(d) if the transfer is otherwise than by way of transfer of

shares in a co-operative society, a company or other as-

sociation of persons-

(i) the nature of act having the effect of transferring or

enabling the enjoyment of property

(ii) the date on which such act was performed

(Attach statement setting out the terms of the agreement or ar-

rangement)

8. Name and address of person(s), if any, in occupation of the

property

9. *Name and address of any other person(s) interested in the

property

10. Consideration for transfer

11. Estimated fair market value of the property

12. If the transfer is by way of exchange, description and loca-

tion of the thing or things for which the property is exchanged

13. ^Fair market value of the thing or things mentioned against

item 12

14. If the consideration for transfer is less than the estimated fair

market value, whether the transferee is a relative of the trans-

feror, and if so, indicate relationship and state whether the

transfer for a consideration which is less than the fair market

value is on account of natural love and affection

?????????????????..

Signature(s) of the person(s)

making the statement

Verification

I/We, ............????????????????, do hereby declare that what is stated above is true

to the best of my/our knowledge and belief.

Verified today the............???. day of.............. .....

????????

Signature

Notes:

1. @ If the space is insufficient, separate enclosure may be used for the purpose.

2. *?person interested?, in relation to any immovable property, includes all persons claiming or en-

titled to claim an interest in the compensation payable on account of the acquisition of the property

under Chapter XXA of the Income-tax Act, 1961.

3. ^ ?Fair market value?, in relation to any immovable property transferred, means the price that im-

movable property would ordinarily fetch on sale in the open market on the date of execution of the

instrument of transfer of such property.

4. This statement should be signed by each of the parties, to the transaction referred to in section

269AB(1) of the Income-tax Act, 1961, or by any of the parties to such transaction acting on behalf

of himself and on behalf of the other parties, if the statement is signed only by one of such parties,

certified copy of document evidencing authority to act on behalf of other parties should be attached.

5. Verification should be made by all the parties signing the statement.

6. The statement should be made in duplicate and should be accompanied by two copies of contract

resulting in the transaction of the nature referred to in section 269AB(1)(a) of the Income-tax Act,

1961, or as the case may be, of a statement setting out the terms of the agreement or arrangement

resulting in the transaction of the nature referred to in section 269AB(1)(b) of that Act.

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Frequently asked questions

What is Form No. 37EE?→

Form No. 37EE is an official certificate issued by the Assessing Officer under section 80GGA of the Income Tax Act, 1961, allowing assessees in India to claim deductions for eligible expenditures on scientific research or rural development.

Is Form No. 37EE legally valid in India?→

Yes, Form No. 37EE is a prescribed form under Income Tax Rules, 1962, and holds full legal validity across all states in India for tax deduction claims.

Does Form No. 37EE require stamp duty?→

No, as a standard Income Tax Department certificate, Form No. 37EE does not require stamp duty or court fees in India.

In what format can I download Form No. 37EE?→

Form No. 37EE is available for free download in PDF and editable Word formats from official or authorized legal template sites.

Can I edit or customize Form No. 37EE?→

Yes, the Word version of Form No. 37EE is fully customizable; edit details as needed, then print for submission to the Assessing Officer.

Who should use Form No. 37EE and when?→

Assessees eligible for deductions under section 80GGA should obtain Form No. 37EE from their Assessing Officer when filing ITR to claim tax benefits on qualifying donations or expenditures in India.