TaxTMI 
TaxTMI 
New Rule 16D - Form of report for claiming deduction u/s 10AA added in Income-tax (Twenty Sixth Amendment) Rules, 2023.
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....d by sub-section (5) of section 10A read with sub-section (8) of section 10AA and section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct taxes hereby makes the following rules further to amend the Income-tax Rules,1962, namely:─ 1. Short title and commencement.-- (1) These rules may be called the Income-tax (Twenty Sixth Amendment) Rules, 2023. (2) They shall ....
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....ules, 2021], the following Form shall be inserted, namely:- "FORM NO. 56F [See rule 16D] Report under section 10AA of the Income -tax Act, 1961 1. I/We * have examined the accounts and records of ____________________________________ (name and address of the assessee with permanent account number) relating to the business of their Unit named __________ engaged in the export of articles or thing....
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..../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. † This report is to be given by a Chartered Accountant within the meaning of the Chartered Accountant Act, 1949 (38 of 1949); 3. Where any of the mat....
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....received in convertible foreign exchange of the Unit in respect of (a) articles or things, or (b) provision of services 15. Sale proceeds of the Unit in respect of (a) articles or things, or (b) provision of services 16. Please specify (i) whether the full consideration in convertible foreign exchange for exports made by the Unit was brought into India within a period of six months fro....