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<h1>Form No. 56FF: Reporting Profits and Investments in Special Economic Zone Under Section 10A of Income-tax Act, 1961.</h1> Form No. 56FF requires details under section 10A of the Income-tax Act, 1961, related to the Special Economic Zone Reinvestment Allowance Reserve Account. It mandates reporting eligible profits credited to the reserve account and amounts withdrawn for eligible and non-eligible purposes over several years. Additionally, it requires details of new plant or machinery acquired using funds from the reserve account, including supplier information and usage dates. The form concludes with a verification section for the proprietor, partner, or director of the undertaking, confirming the acquisition and payment details.
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