(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 29th December, 2021
INCOME-TAX
1. Short title and commencement. –– (1) These rules may be called the Income-tax (35th Amendment) Rules, 2021.
(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 16D, the following rule shall be inserted, namely:––
―16DD. Form of particulars to be furnished along with return of income for claiming deduction under clause (b) of sub-section (1B) of section 10A.–The particulars, which are required to be furnished by the assessee along with the return of income under clause (b) of sub-section (1B) of section 10A shall be in Form No. 56FF.‖
3. In the principal rules, in rule 130,–
(a) in sub-rule (1), the figures and letters ―16DD‖ shall be omitted;
(b) in sub-rule (2), the figures and letters ―56FF‖ shall be omitted.
4. In the principal rules, in Appendix II, after Form No. 56F, the following Form shall be inserted, namely:–
Form No. 56FF
[See rule 16DD]
Particulars to be furnished under clause (b) of sub-section (1B) of section 10A of the Income-tax Act, 1961
A. Details of Special Economic Zone Reinvestment Allowance Reserve Account (in rupees)
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(1) |
(2) |
(3) |
(4) |
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I |
Amounts of eligible profits debited to the profit and loss |
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(i) During the current previous year ending on …. |
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(ii) During the previous year, immediately preceding the |
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(iii) During the previous year, immediately preceding the previous year mentioned at (ii) ending on ….. |
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(iv) During the previous year immediately preceding the previous year mentioned at (iii) ending on …. |
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(v) Total (i)+(ii)+(iii)+(iv) |
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II |
Amounts withdrawn from the Special Economic Zone |
Used for eligible purposes |
Not used for eligible purposes |
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(i) During the current previous year ending on …. |
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(ii) During the previous year, immediately preceding the previous year mentioned at (i) ending on… |
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(iii) During the previous year, immediately preceding the previous year mentioned at (ii) ending on…. |
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(iv) During the previous year, immediately preceding the |
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(v) Total amounts withdrawn (i)+(ii)+(iii)+(iv) |
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III |
Net amount outstanding the Special Economic Zone [II.(v)–I.(v)] |
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S. No. |
Details of the new plant/ machinery (give Make Number and |
Name and address of the supplier of the new plant/ |
Date(s) of acquisition of plant/ machinery |
Date(s) on which the new plant/ machinery was first put to |
