<h1>Report on Deductions for Y2K Compliance Expenses Under Section 36(1)(xi) of Income-tax Act, 1961</h1> The document is a report under section 36(1)(xi) of the Income-tax Act, 1961, concerning deductions for expenses incurred to make non-Y2K compliant computer systems compliant. It requires examination of the assessee's accounts and records to ascertain the expenditure incurred exclusively for this purpose. The report must be signed by a qualified accountant and includes details such as the assessee's name, business nature, permanent account number, and specifics of the computer systems and related expenditures. The annexure provides detailed information on the deductions claimed, including descriptions, costs, and the parties to whom payments were made.