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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....-- (1) These rules may be called the Income-tax (Twenty Sixth Amendment) Rules, 2023. (2) They shall be deemed to have come into force from the 29th day of July, 2021. 2. In the Income-tax Rules, 1962 (hereinafter referred to as principal rules), after rule 16CC, the following rule shall be inserted, namely:-- "16D. Form of report for claiming deduction under section 10AA.-The report of an accountant which is required to be furnished by the assessee, under sub-section (8) of section 10AA read with sub-section (5) of section 10A shall be in Form No. 56F.". 3. In the principal rules, in rule 130,- (a) in sub-rule (1), the figures and letter"16D", shall be omitted; (b) in sub-rule (2), the fig....

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....xure 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 matter stated in this report is answered in the negative or with a qualification, the report shall state the reasons therefor. ANNEXURE A [See paragraph 2 of Form 56F] Details relating to the claim by the exporter for deduction under section 10AA of the Income -tax Act, 1961 1. Name of the assessee 2. Assessment year 3. Name of the Unit 4. Location and address of the Unit 5. Nature of business of the Unit 6. D....