Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Limited liability partnerships must file an accountant's Form No.29C computing adjusted total income and alternate minimum tax. Certain non company persons, notably limited liability partnerships, must furnish an accountant's report in Form No.29C certifying computation of adjusted total income and alternate minimum tax under Chapter XII BA; the form requires identification of the assessee, disclosure of pre Chapter XII BA total income, claimed deductions including Chapter VI A and section 10AA, computation of adjusted total income, calculation of alternate minimum tax, and a certification by an eligible accountant with reasons for any negative or qualified answers.
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Provisions expressly mentioned in the judgment/order text.
Limited liability partnerships must file an accountant's Form No.29C computing adjusted total income and alternate minimum tax.
Certain non company persons, notably limited liability partnerships, must furnish an accountant's report in Form No.29C certifying computation of adjusted total income and alternate minimum tax under Chapter XII BA; the form requires identification of the assessee, disclosure of pre Chapter XII BA total income, claimed deductions including Chapter VI A and section 10AA, computation of adjusted total income, calculation of alternate minimum tax, and a certification by an eligible accountant with reasons for any negative or qualified answers.
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