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Income-tax (35th Amendment) Rules, 2021 - Form of particulars to be furnished along with return of income for claiming deduction under clause (b) of sub-section (1B) of section 10A

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..... 1 INCOME-TAX G.S.R. 903(E).- In exercise of the powers conferred by sub-section (5) of section 10A read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct taxes hereby makes the following rules further to amend the Income-tax Rules,1962, namely:─ 1. Short title and commencement. -- (1) These rules may be called the Income-tax (35th Amendment) Rules, 2 .....

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..... rm No. 56F, the following Form shall be inserted, namely:- "Form No. 56FF [See rule 16DD] Particulars to be furnished under clause (b) of sub-section (1B) of section 10A of the Income-tax Act, 1961 A. Details of Special Economic Zone Reinvestment Allowance Reserve Account (in rupees) (1) (2) (3) (4) I Amounts of eligible profits debited to the profit and loss account and credited to .....

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..... g on… (iii) During the previous year, immediately preceding the previous year mentioned at (ii) ending on…. (iv) During the previous year, immediately preceding the previous year mentioned at (iii) ending on…. (v) Total amounts withdrawn (i)+(ii)+(iii)+(iv) III Net amount outstanding the Special Economic Zone Reinvestment Allowance Reserve Account on the last day of th .....

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..... acquired the new plant/ machinery, as mentioned above for which the purchase price has been paid by making withdrawal from the Special Economic Zone Reinvestment Allowance Reserve Account maintained by the assessee. Date: ………………. Place: ..………….. …………………………& .....

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