FORM NO. 56F
[See rule 16D]
Report under section 10A 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 undertaking named_______________________________ engaged in the export of articles or things or computer software during the year ended on
the 31st March _________________.
2. I/We certify that the undertaking is located at _______________________________________ (exact location of the
undertaking) registered under _______________________________________ (name of the FTZ/EPZ/EHTP/STP/SEZ) free trade zone/export processing zone/electronic hardware technology park/software technology park/special economic zone and that the deduction to be claimed by the assessee under section 10A of the Income-tax Act, 1961 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. I/We certify that I/We have collected all the relevant information necessary for computing the deduction allowable under this section and have verified the same with reference to the accounts and records of the assessee.
4. 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. This report is to be given by-
(i) a Chartered Accountant within the meaning of the Chartered accountant Act, 1949 (38 of 1949); or
(ii) any person, who in relation to any State, is, by virtue of the provisions in sub-section (2) of section 226 of the Companies Act, 1956 (1 of 1956), entitled to be appointed to act as an auditor of companies registered in that State.
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 10A of the Income-tax Act, 1961
1. Name of the assessee
2. Assessment year
3. Name of the undertaking
4. Location and address of the undertaking
5. Nature of business of the undertaking
6. Date of initial registration in FTZ/EPZ/SEZ
7. Date of commencement of manufacture or production
8. Number of the consecutive year for which the deduction is claimed
9. Total turnover of the business
10. Total turnover of the undertaking
11. Total profits derived by the business
12. Total profits derived by the undertaking
13. Total export turnover
14. Export proceeds received in convertible foreign exchange of the undertaking in respect of
a. articles or things, or
b. computer software
15. Sale proceeds of the undertaking in respect of
a. articles or things, or
b. computer software
16. Please specify
(i) whether the full consideration in convertible foreign exchange for exports made by the undertaking was brought into India within a period of six months from the end of the previous year
Yes/No
(ii) If not, whether it was brought into India within such further period in the previous year as allowed by the competent authority
Yes/No
(iii) Specify the amount and the relevant previous year in case such amount is brought into India in convertible foreign exchange beyond the period of six months from the end of relevant previous year and with the approval of the
Competent authority, where such amount relates to any other previous year. Also state the name of the authority and the period up to which the approval was accorded
(iv) Amount of sale proceeds, if any, that are credited to a separate account maintained by the assessee with any bank outside India and the reference number of Reserve Bank of India according to permission of the same
17. Amount of deduction under section 10A to which the assessee is entitled with the working sheet
18. Qualifications, if any, on the above