FORM NO.10CCAH
[See rule 18BBA(1B)]
Certificate under clause (ia) of sub-section (3) of section 80HHB of the Income-tax Act, 1961
 

 

1. +I/We have examined the balance sheet of the business of the execution of  ++...................................... in .......................... (name of the
country) carried on by + Shri / M/s ........................................................................ (mention name, address and permanent account number
of the assessee) as at ............................................. and the profit and loss account of the said business for the year ended on that date.
2. + I/We have obtained all the information and explanations which to the best of  + my / our knowledge and belief were necessary for the
puposes of ascertaining the profits of the said assessee derived from execution of foreign project, receipts of which were received by
the assessee in convertible foreign exchange.
3. + I/We also certify that the amounts credited to the Foreign Projects Reserve Account, from the year ................... to the year ....................
 have been utilised for the purposes of business other than for distribution by way of dividend or profits.
4. +I/We certify that the deduction to be claimed by the assessee under section 80HHB of the Income-tax Act, 1961 in respect of the assessment year .....................  is Rs. .................................. which has been worked out on the basis of the details given in the Annexure to this Form.
5. In my/our  opinion and to the best of my/our+  information and according to the explanations given to me/us+  the particulars given in
the Annexure to this Form are true and correct.
 

 
Date .............................................. ....................................................................
Signed
Place .......................................... *Accountant

 

Notes:
1. +Delete whichever is not applicable.
2. ++Here give nature of foreign project undertaken by the assessee or, as the case may be, work forming part of a foreign project under-
taken by the assessee.
3. *This certificate is to be given by :-
(i) a chartered accountant within the meaning of Chartered Accountants 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.
4. Where any of the matter stated in this report is answered in the negative or with a qualification, the report shall state the reasons there-
for.
 

 
ANNEXURE
(See paragraph 3 of Form No.10CCAH)
1. Profits derived from eligible foreign project computed as per sub-section (3) of section 80HHB Rs. .............................
2. The amount equivalent to fifty per cent of item 1 above Rs. .............................
3. Foreign Exchange brought into India by the assessee in accordance with the provision of
clause (iii) of sub-section (3) of section 80HHB Rs. .............................
4. The amount credited to Foreign Project Reserve Account as per clause (ii)  of sub-section (3) of
section 80HHB Rs. .............................
5. Deduction under section 80HHB to which the assessee is entitled Rs. .............................
6. Details of "Foreign Project Reserve Account" showing compliance of clause (ii) of sub-section(3) and sub-section (4) of section 80HHB
 

 

Amount credited Amount utilized as per sub-section (3)(iii) of section 80HHB Amount liable to be added back under sub-section (4) of section 80HHB
Assessment Year Amount (Rs.) Assessment Year Amount (Rs.) Assessment Year Amount (Rs.)
1          
2          
3          
4          
5          
6          
 

 
Date................................. ..................................................
Signed
Place...............................
Notes:
1. This notice should be signed by a trustee/principal officer.
2. Delete the inappropiate words.
Check List
1. This form prescribes the format of certificate under section 80HHB(3)(ia) of the Income-tax Act, 1961.
2. This certificate is to be furnished every year for which the deduction is claimed.
3. This certificate is to be furnished along with the the return of income of the relevant assessment year.
4. The notes provided below the form should be carefully followed.