Form 33: Particulars of a unit established in a Special Economic Zone for deduction under section 144
Source checked 21 October 2026 · Original author: Finin2min Editorial Desk
Purpose, person and period
Particulars of a unit established in a Special Economic Zone for deduction under section 144.
The eligible SEZ undertaking supplies the reserve-account roll-forward and new-plant particulars under Rule 67, verified by the proprietor, partner or director as applicable.
Period gate: This numbered form belongs to the Income-tax Rules, 2026, effective 1 April 2026. The predecessor 56FF is a concordance, not permission to change an earlier-year filing into a new-law form. For earlier periods, use the applicable 1961 Act form and saved procedure.
Controlling rule and source pages
Rule 67; Section 144. Physical PDF pp 394-395; printed Gazette pp 1926-1927.
Rule 67 — connected rule text
67. Form of particulars to be furnished along with return of income for claiming deduction under section 144. – The particulars, which are required to be furnished by the assessee along with the return of income regarding the amount credited to a Special Economic Zone Reinvestment Allowance Reserve Account and utilisation of the said amount shall be in Form No. 33.
Completed field illustration
Fictional data, not for filing. A fictional SEZ unit reconciles a reinvestment reserve and one eligible new-machine withdrawal.
| Form field / block | Completed fictional entry |
|---|---|
| Assessee / PAN / undertaking | Example Export Ltd / synthetic ZZZCE0000Z / Model SEZ Export Unit |
| Unit address / SEZ / business | 10 Model SEZ Road, Gujarat / Example SEZ / manufacturing exports |
| Tax year | 2026-27 |
| Row 4: credits by year | 2026-27 Rs 4,00,000; 2025-26 Rs 3,00,000; 2024-25 Rs 2,00,000; 2023-24 Rs 1,00,000 |
| Row 4(v): total credited | Rs 10,00,000 |
| Row 5: withdrawals for eligible purposes | 2026-27 Rs 6,00,000; other listed years nil |
| Row 5: withdrawals not used for eligible purposes | Nil in all listed years |
| Row 6: net amount outstanding | Rs 4,00,000 |
| Part C: new machinery | Model CNC unit EX-CNC-1; Example Machines Ltd, Pune |
| Acquisition / first use / price | 1 September 2026 / 1 October 2026 / Rs 6,00,000 paid from reserve |
| Verification | Director model role; NOT SIGNED |
This illustrates the named fields, not every possible schedule. Use the complete official extract for additional applicable fields, annexures and verification. “Not signed” means no professional certification or authority action has occurred.
Reconcile the example
- 4,00,000 + 3,00,000 + 2,00,000 + 1,00,000 = 10,00,000.
- 10,00,000 − 6,00,000 = 4,00,000 closing reserve.
The scenario assumes the unit and reserve already satisfy section 144; this roll-forward does not establish those threshold conditions.
Prepare, furnish and retain
- Use the form identity and period above, then determine the person who prepares, issues or verifies it from Rule 67. An authority-issued order is not an applicant filing.
- Collect the records that support the actual fields in the example; keep any mandatory schedules and annexures specified in the complete source form.
- Reconcile dates, amounts, units and identifiers to the underlying records. Preserve the applicable rule version and any later correcting notification.
- Where the rule prescribes electronic furnishing, use the current official utility/schema and authorised verification. A local PDF does not produce a portal acknowledgement.
- Retain the submitted version, supporting schedules and actual acknowledgement or issued certificate/order, as applicable. This fictional model supplies none of those evidential outcomes.
Download the correct documents
Official Form 33 source extract Filled sample — fictional field illustration
The official extract preserves source pages; later amendments are supplied with affected forms. Read the April corrigendum where its printed-page corrections apply. The filled field illustration is an educational model and cannot be filed.
Primary sources
Questions readers ask
Does this sample prove approval, filing or a professional conclusion?
No. It completes the named fields using synthetic facts. It has no real signature, DSC, approval or acknowledgement.
Can I use the legacy form number for a current tax-year obligation?
Establish the governing period first. A predecessor number is a cross-reference; earlier-year procedures and current-year forms must be kept distinct.