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Rule 11MAA of Income Tax Rules 1962: Form of Report (Form No. 58D) - Section 35AC(5)(ii)

Rule 11MAA - Form of report by public sector company or local authority or association or institution, which is carrying out a notified eligible project or scheme, under clause (ii) of sub-section (5) of section 35AC
(Chapter: II Part F. - National Committee for Promotion of Social and Economic Welfare)

(1) The report to be furnished by a public sector company or local authority or an association or institution in respect of the eligible project or scheme, under clause (ii) of sub-section (5) of section 35AC shall be in Form No. 58D.

(2) The report referred to in sub-rule (1) shall be furnished to the National Committee before the expiry of three months from the end of the financial year.

(3) The National Committee, after receipt of the report referred to in sub-rule (2) may, at any time, undertake to inspect or verify the information furnished by the public sector company or local authority or association or institution.



Extra Notes for Readers:

- Rule 11MAA was introduced by the Income Tax (15th Amendment) Rules, 2005, w.e.f. 17-Jun-2005



Reference/Source: Check at Income Tax site for latest version of the Rules - link

This page was last updated on 17th October 2016.
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