IT (Ninth Amendment) Rules, 2012 - Substitution of Rule 40BA And Form No. 29C

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....after referred to as the "said rules"), for rule 40BA, the following rule shall be substituted, namely:- "Special provisions for payment of tax by certain persons other than a company. 40BA. The report of an accountant which is required to be furnished by the assessee under sub-section (3) of section 115JC, shall be in form No. 29C". 3. In Appendix-II of the said rules, for Form No. 29C, the following form shall be substituted, namely:- "FORM NO. 29C [See rule 40BA] Report under section 115JC of the Income-tax Act, 1961 for computing adjusted total income and alternate minimum tax of the person other than a company 1. I/We^1 have examined the accounts and records of_____________ (name and address of the assessee with PA....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the report shall state the reasons therefor. ANNEXURE A [See paragraph 2] Details relating to the computation of Adjusted Total Income and Alternate Minimum Tax for the purposes of section 115JC of the Income-tax Act, 1961 1. Name of the assessee   2. Address of assessee   3. Permanent Account Number   4. Assessment year   5. Total income of the assessee computed in the manner laid down in the Income-tax Act before giving effect to Chapter XII-BA of the Income-tax Act, 1961(43 of 1961)   6. Income-tax payable on total income referred to in Column 5 above   7. The amount of deduction claimed under any section (other than section 80P) included i....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....puted in accordance with the provisions of Chapter XII-BA of the Income-tax Act. The tax payable under section 115JC of the Income-tax Act in respect of the assessment year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . is Rs.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  , which has been determined on the basis of the details in Annexure A to this Form. 3. In my/our * opinion and to the best of my/our* knowledge and according to the explanations given to me/us* the particulars given in the Annexure A are true and correct. Date. . . . . . . . . . . . . . . . . . . . Signed Accountant Notes: 1. *Delete whichever is not applicable. 2. †Thi....