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    <title>Income-tax (35th Amendment) Rules, 2021 - Form of particulars to be furnished along with return of income for claiming deduction under clause (b) of sub-section (1B) of section 10A</title>
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    <description>Rule 16DD and Form No. 56FF require assessees claiming deduction under clause (b) of sub section (1B) of section 10A to furnish, with the return of income, particulars of amounts of eligible profits credited to the Special Economic Zone Reinvestment Allowance Reserve Account, amounts withdrawn (distinguished by use for eligible purposes), the net outstanding balance, and detailed disclosures of new plant and machinery purchased from such withdrawals, together with a verification by the proprietor/partner/director.</description>
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      <description>Rule 16DD and Form No. 56FF require assessees claiming deduction under clause (b) of sub section (1B) of section 10A to furnish, with the return of income, particulars of amounts of eligible profits credited to the Special Economic Zone Reinvestment Allowance Reserve Account, amounts withdrawn (distinguished by use for eligible purposes), the net outstanding balance, and detailed disclosures of new plant and machinery purchased from such withdrawals, together with a verification by the proprietor/partner/director.</description>
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