TMI BlogIncome-tax (35th Amendment) Rules, 2021 - Form of particulars to be furnished along with return of income for claiming deduction under clause (b) of sub-section (1B) of section 10AX X X X Extracts X X X X X X X X Extracts X X X X ..... 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), t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (v) Total (i)+(ii)+(iii)+(iv) II Amounts withdrawn from the Special Economic Zone Reinvestment Allowance Reserve Account: Used for eligible purposes Not used for eligible purposes (i) During the current previous year ending on . (ii) During the previous year, immediately preceding the previous year mentioned at (i) ending on (iii) During the previous year, immediately preceding the previous year mentioned at (ii) ending on . ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... red the new plant/ machinery, as mentioned above for which the purchase price has been paid by making withdrawal from the Special Economic Zone Reinvestment Allowance Reserve Account maintained by the assessee. Date: . Place: .. .. . Signature, Name and Address of the proprietor/partner/director of the undertaking. . [F. No. 370142/59/2021-TPL] ANKIT JAIN, Under Secy. Note : The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii) vide notification number S.O. 969 (E), dated the 26th March, 1962 and last amended vide notification number G.S.R. 883 (E), dated 27th December, 2021. Explanatory Memorandum : Rule 130 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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