Special Economic Zone Reinvestment Allowance requires furnishing reserve account particulars and verification of new plant purchases. Form No. 56FF requires furnishing the particulars of the Special Economic Zone Reinvestment Allowance Reserve Account: yearly amounts of eligible profits ... Summary
Special Economic Zone Reinvestment Allowance requires furnishing reserve account particulars and verification of new plant purchases.
Form No. 56FF requires furnishing the particulars of the Special Economic Zone Reinvestment Allowance Reserve Account: yearly amounts of eligible profits credited, yearly amounts withdrawn (separately shown as used for eligible purposes and not used for eligible purposes), the net outstanding balance, and details of new plant and machinery acquired from withdrawn amounts with supplier, acquisition and first-use dates, and a verification declaration by the proprietor/partner/director confirming payment from the Reserve Account.
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