1. Overview

An entity being an infrastructure capital company or infrastructure capital fund or infrastructure debt fund or a public sector company under sec on 2(112) of the Act for notification of any zero coupon bond shall file an application in form No. 2.

2. Prerequisites for availing this service

•    You should be a registered user on the e-Filing portal
•    Status of PAN of the taxpayer should be "Active"
•    You should have a valid DSC to verify the form through DSC mode, and it must be registered on the e-filing portal and not expired

3. About the Form

3.1 Purpose

This form enables taxpayers to apply for notification of a zero coupon bond under section 2(112) of the act by Central Government in the Official Gazette.

3.2 Who can use it?

Form 2 is an application-based form filed by an entity being an infrastructure capital company or infrastructure capital fund or infrastructure debt fund or a public sector company under sec on 2(112) of the Act for notification of any zero coupon bond proposed to be issued by it at least three months before the date of issue of such bond.

3.3 Form at a Glance

Form 2 has four panels:
1.    Part A - Particulars of Applicant
2.    PART B- Particulars of the zero coupon bond proposed to be issued
3.    Attachments
4.    Declaration

4. Step-by-Step Guide

Step 1: Log in to the e-Filing portal with your User ID and Password. 

Step 2: Enter the User ID (PAN) and Password. 

Step 3: Go to e-file >Income Tax Forms > File Income Tax Forms 

Step 4: Of the three tabs, please Select the Forms as per Income Tax Act 2025 tab, select or search for Form 2, and click the File Now button.

Step 5: Check the PAN, Submission Mode, Filing Type and select the applicable Tax Year (T.Y) and click on Continue button.  

Step 6: Click on Let's Get Started 

Step 7: Upon clicking "Let's Get Started", the user will be navigated to the Panel screen. Select the 1st Panel Part A - Particulars of Applicant to proceed. Fill the relevant details, verify and click Save.

Note : 

1.Please ensure that all mandatory details under "My Profile" section including address is completed. You can update your contact and address details by clicking on hyperlink "My Profile".

2.Under field 2 please select the category from the dropdown.The values of dropdown are as follow –

•    Infrastructure capital company
•    Infrastructure capital fund
•    Infrastructure debt fund
•    Public sector company

Step 8: Post saving the 1st panel, select the 2nd Panel, PART B - Particulars of the zero coupon bond proposed to be issued. Fill the relevant details, verify and click Save. 

Note-

 1.Under Serial No. 8 Details of investment proposed to be made, fill the required fields, and click 'Add' to proceed.

2. Under Serial No. 6 Period of life of the bond the maximum life of the bond can be 20 years only. 

Under subheading "A" Details of entity in which investment is proposed of field 8 - Please provide details regarding Name, Nature of entity its Permanent Account Number, Address and Nature of business.

Under subheading "B" Project Details of field 8 - fill the required fields such as Details of Address/Location of Project and Planned date of commencement of Project and operations, and click 'Add' to proceed. 

Under subheading "C" Source of Investment of field 8 - Fill the relevant details, verify and click Save. 

Under subheading "D" Details of management responsible for execution of project of field 8 - Please provide details regarding Designation, Name, its Permanent Account Number, Qualification and Experience and Performance of the management.

Under subheading "E" Amount of funds realised by issue of Zero Coupon Bond proposed to be invested project wise of field 8 - Fill the relevant details, verify and click Save. 

Step 9: Post saving the 2nd panel, select the 3rd Panel: Attachment. Please attach the relevant documents in this panel "Attachments" and click on Save. 

Step 10: Post saving the 3th panel, select the "Declaration" Panel. Confirm the Declaration panel and click on Save. 

Step 11: Post saving the Declaration panel, status of panel will be displayed as Completed then Preview button will be enabled 

Step 12: On the Preview page, verify the details and click Proceed to e-Verify.
Note: By clicking the "Download" button, the user can download the preview PDF and verify the details before proceeding with e verification. 

Step 13: Post clicking on Proceed to e-Verify button, a popup confirmation displaying that you would like to proceed to e-Verify. Click on Yes 

Step 14: On clicking Yes, you will be navigated to the e-Verify page where you can verify the Form 2 using DSC only.

Note: Refer to the How to e-Verify user manual to learn more  

Step 15: After successful e-Verification, a success message is displayed along with a Transaction ID and Acknowledgement Receipt Number. Please keep a note of the Transaction ID and Acknowledgement Receipt Number for future reference. You will also receive a confirmation message on the email ID(s) and mobile number(s) registered with the e-Filing portal.

Click on download button to download the Acknowledgement receipt

After successful submission of form 2 the user can view the filled form under - On your Dashboard, click e-File > File Income Tax Forms > View Filed Forms> View Filed Form tab under Income Tax Act 2025.

Note: Refer view filled form user manual to learn more 

5. Related Topics

• Login
• Dashboard
• How to e-Verify
• Register DSC

6.Glossary