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    <title>Certificate under clause (ia) of sub-section (3) of section 80HHB of the Income-tax Act, 1961 (Omitted)</title>
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    <description>Certificate for claiming deduction under section 80HHB requires attestation of the assessee&#039;s foreign-project financials, confirmation that receipts were in convertible foreign exchange, and that amounts credited to the Foreign Project Reserve Account were utilised for business purposes other than distribution. The accountant must state the deduction amount claimed for the assessment year and certify the annexure particulars. The annexure must quantify profits from the eligible foreign project, the fifty per cent equivalent, foreign exchange brought into India, amounts credited and utilised in the Reserve Account, deduction allowable, and amounts to be added back, with assessment years and accountant&#039;s signature.</description>
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    <pubDate>Thu, 23 Oct 2008 10:34:00 +0530</pubDate>
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      <title>Certificate under clause (ia) of sub-section (3) of section 80HHB of the Income-tax Act, 1961 (Omitted)</title>
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      <description>Certificate for claiming deduction under section 80HHB requires attestation of the assessee&#039;s foreign-project financials, confirmation that receipts were in convertible foreign exchange, and that amounts credited to the Foreign Project Reserve Account were utilised for business purposes other than distribution. The accountant must state the deduction amount claimed for the assessment year and certify the annexure particulars. The annexure must quantify profits from the eligible foreign project, the fifty per cent equivalent, foreign exchange brought into India, amounts credited and utilised in the Reserve Account, deduction allowable, and amounts to be added back, with assessment years and accountant&#039;s signature.</description>
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