Form No. 62 - Certificate from the principal officer of the amalgamated company and duly verified by an accountants regarding achievement of the prescribed level of production and continuance of such level of production in subsequent years
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Certificate of prescribed production level verifies achievement and continuance after amalgamation, certified by principal officer and accountant. Form No. 62 requires the principal officer of the amalgamated company, with verification by an accountant, to certify achievement of the prescribed level ... Summary
Certificate of prescribed production level verifies achievement and continuance after amalgamation, certified by principal officer and accountant.
Form No. 62 requires the principal officer of the amalgamated company, with verification by an accountant, to certify achievement of the prescribed level of production and its continuance post amalgamation. It mandates particulars of the amalgamated and amalgamating companies, installed capacity at amalgamation, the date when 50% capacity was achieved, and a statement on maintenance of the prescribed level through the five year post amalgamation period, with signatures and an accountant's verification conforming to the Income tax Act definition.
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