Form 183: Audit report under Schedule X for a site restoration fund
Source checked 21 October 2026 · Original author: Finin2min Editorial Desk
Purpose, person and period
Audit report under Schedule X for a site restoration fund.
The accountant furnishes Form 183 for the qualifying petroleum/natural-gas site-restoration account, testing the government agreement, deposits/interest, withdrawals, uses and section 49 computation.
Period gate: This numbered form belongs to the Income-tax Rules, 2026, effective 1 April 2026. The predecessor 3AD 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 291; Section 49. Physical PDF pp 955-960; printed Gazette pp 2487-2492.
Rule 291 — connected rule text
291. Report of audit of accounts to be furnished under Schedule X read with section 49 for deduction for site restoration fund. — The report of audit of the accounts of an assessee, which is required to be furnished under paragraph 2 of Schedule X to the Act read with section 49, shall be in Form No. 183.
Completed field illustration
Fictional data, not for filing. An unsigned petroleum-business audit illustration includes credited interest in the site-restoration deposit test.
| Form field / block | Completed fictional entry |
|---|---|
| Report branch / Part C: assessee / PAN / TY | Part A, other-law audit assumed / Example Petroleum Ltd / synthetic ZZZCE0000Z / 2026-27 |
| Part D rows 1-3: books / accounting / specified business | Accrual, unchanged / separate Indian petroleum-production profit before section 49 Rs 1 crore / qualifying Central Government agreement assumed |
| Rows 4-5: deposit / date / credited interest | Rs 18 lakh / 31 March 2027 in MODEL-SITE-ACCOUNT-183, qualifying account assumed / Rs 1 lakh interest credited during TY |
| Rows 6-7: release / utilisation / transfers | None; no closure, duplicate expense allowance or acquired-asset disposal assumed |
| Row 8: deduction | Lower of Rs 19 lakh including deemed deposit interest and 20% × Rs 1 crore = Rs 20 lakh; proposed Rs 19 lakh |
| Annexure / professional verification | Model petroleum-business separate accounts and agreement/account evidence / no actual audit, membership, FRN or UDIN / 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
- 18 lakh cash deposit + 1 lakh credited interest = 19 lakh; min(19,20) lakh = 19 lakh.
Schedule X treats credited interest as a deposit and requires deposit before year end; the tea-business six-month deposit rule must not be imported. The March form’s A-1 note erroneously mentions tea/coffee/rubber; supply the petroleum/natural-gas separate accounts required by Part D and the governing section, without pretending an official correction was issued.
Prepare, furnish and retain
- Use the form identity and period above, then determine the person who prepares, issues or verifies it from Rule 291. 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 183 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.