Audit report under section 46, 138, 139, 140(8), 141, 142, 143 and 144 of the Act

Part-A

Basic Information

1.

Name of the assessee

(refer Note 1)

2.

Address

(refer Note 2)

3.

Permanent Account Number

4.

Tax Year

5.

Section of the Act under which deduction claimed

(select one)

1. 46 (to fill B-1)

2. 138 (to fill B-2)

3. 139 (to fill B-3)

4. 140 (to fill B-4)

5. 141 (to fill B-5)

6. 142 (to fill B-6)

7. 143 (to fill B-7)

8. 144 (to fill B-8)

Part B-1

Details of deduction u/s 46

6.

Date of incorporation

dd/mm/yyyy

7.

Date of commencement of operations

dd/mm/yyyy

8.

Nature of specified business [refer section 46(11)(d)]

(select one)

1. Cold Chain Facility

2. Warehousing facility for storage of agricultural pro- duce

3. Natural Gas Pipeline

4. New Hotel (2 star or up)

5. New Hospital

6. Housing project (slum rehabilitation)

7. Housing project (affordable housing)

8. Fertilizer production plant

9. Inland container depot or freight station

10. Bee-keeping and production of honey and beeswax

11. Warehousing facility for storage of sugar

12. Slurry pipeline for transporting iron ore

13. Semi-conductor wafer fabrication manufacturing unit

14. Infrastructure Facility

15. Other

9.

If response at 8 is “Other”, please specify:

10.

Copy of agreement with central/state govern- ment or local authority

UPLOAD

11.

Whether specified business formed by splitting up/reconstructing an existing business (select one)

1. Yes

2. No

12.

Whether specified business set up using previ- ously used plant/machinery [refer section

46(11)(e) and (f)]

(select one)

1. Yes

2. No

13.

If (12) is yes, specify the % of previously used plant/machinery

14.

Amount of capital expenditure incurred

15.

Date of incurring the expenditure

dd/mm/yyyy

16.

Mode of payment

(select one)

1. NEFT

2. RTGS

3. Cheque

4. Demand Draft

5. Credit Card

6. Debit Card

7. Net Banking

8. UPI

9. Other

17.

If Other, please specify:

18.

Whether asset on which deduction claimed:

(i)

is used for any other business other than specified business

(select one)

1. Yes

2. No

(ii)

includes land/goodwill/ financial in- strument

(select one)

1. Yes

2. No

19.

If 18(i) is ‘Yes‘:

(i)

Value of such asset

(ii)

Whether the company is a sick industri- al company [refer section 46(10)]

(select one)

1. Yes

2. No

20.

Deduction u/s section 46 of the Act

Certification

I certify that the capital expenditure incurred meets the conditions stipulated in section 46 of the Act, and the deduc- tion claimed in row 20 above is true to the best of my knowledge and belief.

Date:

Place:

Signature

Name of the Accountant:

Designation:

Membership Number:

UDIN details, if any: Name of proprietorship/Firm:

Firm registration Number:

Part B-2

Details of deduction u/s 138

6.

Date of incorporation

dd/mm/yyyy

7.

Date of commencement of operations

dd/mm/yyyy

8.

Development, operation, maintenance of an infrastructure facility:

(i)

With respect to the infrastructure facility, does the enterprise (select one)

1. Develop

2. Operate and maintain

3. Develop, operate and maintain

(ii)

Please specify the nature of infrastructure facility (select one)

1. Road including a toll road, bridge or a rail system

2. Highway project including housing or other activi- ties being an integral part of the highway project

3. Water supply project, water treatment system, irri- gation project, sanitation and sewerage system or solid waste management system

4. Port, airport, inland waterway, inland port or navi- gational channel in the sea

(iii)

Has the operation and maintenance of the

infrastructure facility been received on

transfer from its developer in accordance

with the agreement with the Central/State

Government/ local authority/any other statu- tory body (select one)

1. Yes

2. No

(iv)

If 8(iii) is yes, please specify the first year of claim of deduction under section 80-IA of

Income-tax Act, 1961 by the developer (en- close copy of Form 10CCB of Income-tax

Rules, 1962 of developer)

UPLOAD

9.

Generation, transmission, distribution of power:

(i)

Does the undertaking generate power or gen- erate and distribute power (select one)

1. Yes

2. No

(ii)

If 9(i) is yes, indicate the year in which the undertaking has started generating power

yyyy-yy

(iii)

Does the undertaking transmit or distribute power. (select one)

1. Yes

2. No

(iv)

If 9(iii) is yes, indicate the year in which the new transmission and distribution lines were laid

yyyy-yy

(v)

Has there been substantial renovation and

modernization of the existing network of

transmission or distribution lines (select one)

1. Yes

2. No

(vi)

If 9(v) is yes, please specify:

(a)

the year in which the substantial reno- vation and modernisation of the exist- ing network of transmission or distri- bution lines took place

(b)

book value of plant and machinery as on 1-4- 2004

(c)

value of increase in the plant and ma- chinery in the year of substantial ren- ovation and modernisation

(vii)

Whether undertaking is formed by splitting up/reconstructing an existing business (select one)

1. Yes

2. No

(viii)

Whether undertaking is set up using previ- ously used plant/machinery [refer section 46(11)(e) and (f)] (select one)

1. Yes

2. No

(ix)

If 9(viii) is yes, specify the % of previously used plant/machinery

10.

Initial tax year from when deduction is being claimed

11.

Total sales of the undertaking

12.

Profits and gains derived from the Eligible business

13.

Deduction under section 138 of the Act

Certification

I certify that the entity meets the conditions stipulated in section 138 of the Act / section 80-IA of the Income-tax Act, 1961 and the deduction claimed under row 13 above is true to the best of my knowledge and belief.

Date:

Place:

Signature

Name of the Accountant:

Designation:

Membership Number:

UDIN details, if any: Name of proprietorship/Firm:

Firm registration Num- ber:

Part B-3

Details of deduction u/s 139

6.

Details of SEZ (Name and location)

7.

Date of Notification of SEZ

dd/mm/yyyy

8.

Upload copy of notification of SEZ

UPLOAD

9.

Date of start of development of SEZ

(irrespective of the transfer)

dd/mm/yyyy

10.

Whether the operation and maintenance of such SEZ is transferred from another developer?

(select one)

1. Yes

2. No

11.

Initial tax year from when deduction is being claimed

12.

Total sales of the undertaking for the tax year.

13.

Profits and gains derived from the eligible enterprise

14.

Deduction under section 139 of the Act

Certification

I certify that the entity meets the conditions stipulated in section 139 of the Act/ section 80-IAB of the Income-tax Act, 1961, and the deduction claimed under row 14 above is true to the best of my knowledge and belief.

Date:

Place:

Signature

Name of the Accountant:

Designation:

Membership Number:

UDIN details, if any: Name of proprietorship/Firm:

Firm registration Number:

Part B-4

Details of deduction u/s 140

6.

Date of incorporation

dd/mm/yyyy

7.

Department for Promotion of Industry and Internal Trade (DPIIT) Number of start-up

8.

Date of certificate from Inter-Ministerial Board of Certification

9.

Copy of certificate from Inter-Ministerial Board of Certification

UPLOAD

10.

Details of Start-up:

(select one or both)

1. Engaged in innovation, development or improvement of Product, Process or Service

2. Have scalable business model with high potential of em- ployment growth and wealth creation

11.

Whether start-up formed by splitting up/reconstructing an existing business

(select one)

1. Yes

2. No

12.

Whether start-up set up using previously used plant/machinery

(select one)

1. Yes

2. No

13.

If (12) is yes, specify the % of previously used plant/machinery

14.

Initial tax year from when deduction is being claimed

15.

Total sales of the undertaking

16.

Profits and gains derived by the start-up from the Eligible business

17.

Deduction under section 140 of the Act

Certification

I certify that the start-up meets the conditions stipulated in section 140 of the Act, and the deduction claimed under row 17 above is true to the best of my knowledge and belief.

Date:

Place:

Signature

Name of the Accountant:

Designation:

Membership Number:

UDIN details, if any: Name of proprietorship/Firm:

Firm registration Number:

Part B-5

Details of deduction u/s 141

6.

Name of the housing project/undertaking

7.

Nature of business for claim of deduction

(select one)

1. Developing and building housing projects

2. Undertaking engaged in pro-

cessing, preservation and packag- ing of fruits, vegetables, meat,

meat products, poultry, marine or dairy products

3. Undertaking engaged in integrated business of handling, storage and transportation of food grains

* Row No 8, 9 and 10 to be filled for “Housing Project”

8.

Whether project was executed as works-contract?

(select one)

1. Yes

2. No

9.

Approval and Completion Details

(i)

Date of project approval as per section 141 of the Act or section 80-IB of Income-tax Act, 1961

dd/mm/yyyy

(ii)

Approval certificate

UPLOAD

(iii)

Date of project completion certificate by competent authority (if the project is completed)

dd/mm/yyyy

(iv)

Completion certificate (if the project is completed)

UPLOAD

(v)

Whether the project is in accordance with a scheme

framed by the Central Government or a State Gov-

ernment for reconstruction or redevelopment of exist- ing buildings in areas declared to be slum areas under any law for the time being in force and such scheme is notified by the Board in this behalf? (select one)

1. Yes

2. No

(vi)

If (v) is yes, attach a copy of such notification.

UPLOAD

10.

Project Details

(i)

City/Location (select one)

1.Delhi or Mumbai or within 25km of municipal limits of these cities

2. Other

(ii)

Size of plot of land of the project (in acres)

(iii)

Is the maximum built up area of any residential unit within the prescribed area:

(For Delhi or Mumbai or within 25km of municipal limits of these cities: 1000 sq.feet;For Others: 1500 sq.feet)

(select one)

1. Yes

2. No

(iv)

Does the built-up area of the shops and other commer- cial establishments included in the housing project

more than five thousand square feet? (select one)

1. Yes

2. No

(v)

Does the built-up area of the shops and other commer- cial establishments included in the housing project ex- ceed 3% of the aggregate built-up area of the housing project? (select one)

1. Yes

2. No

(vi)

Are more than one residential unit in the housing pro- ject allotted to any person not being an individual? (se- lect one)

1. Yes

2. No

(vii)

If a residential unit is allotted to individual, are any additional units in the same project allotted to

● such individual or the spouse or the minor chil- dren of such individual; or

● HUF in which such person is a karta; or

● any such person who is representative of such

1. Yes

2. No

Individual or of the spouse or of the minor chil- dren of such Individual or of HUF in which such individual is a karta?

(select one)

Row 11, 12, 13 ,14, 15, 16 and 17 to be filled by all assessees

11.

Whether undertaking formed by splitting up/reconstructing an existing business

(select one)

1. Yes

2. No

12.

Whether undertaking set up using previously used

plant/machinery

(select one)

1. Yes

2. No

13.

If (12) is yes, specify the % of previously used plant/machinery

14.

Initial tax year from when deduction is being claimed

15.

Total sales of the undertaking for the tax year.

16.

Profits and gains derived from the undertaking

17.

Deduction under section 141 of the Act

Certification

I certify that the project meets the conditions stipulated in section 141 of the Act/section 80-IB of the Income-tax Act, 1961, and the deduction claimed under row 17 above is true to the best of my knowledge and belief.

Date:

Place:

Signature

Name of the Accountant:

Designation:

Membership Number:

UDIN details, if any: Name of proprietorship/Firm:

Firm registration Number

Part B-6

Details of deduction u/s 142

6.

Name of the housing project/ rental housing project

7.

Type of project

1. Housing project

2. Rental housing project

(select one from the above)

* Row 8, 9, 10 and 11 to be filled by “Housing Project” and row 12 to be filled by “Rental Housing Project”.

8.

Approval and Completion Details

(i)

Date of project approval as per section 142 of the Act or section 80-IBA of Income-tax Act, 1961

dd/mm/yyyy

(ii)

Approval certificate

UPLOAD

(iii)

Date of project completion certificate by compe- tent authority (if the project is completed)

dd/mm/yyyy

(iv)

Completion certificate (if the project is completed)

UPLOAD

(v)

Is project completed within specified time i.e. 5 years from date of approval? (select one)

1. Yes

2. No

3. Project still ongoing

9.

Project Details

(i)

Whether the project is the only housing project on the plot of land. (select one)

1. Yes

2. No

(ii)

If a residential unit is allotted to individual, are any additional units in the same project allotted to spouse/minor children? (select one)

1. Yes

2. No

(iii)

Does assessee maintain separate books of ac- count for project? (select one)

1. Yes

2. No

(iv)

Whether project was executed as works- contract? (select one)

1. Yes

2. No

(v)

Whether carpet area of shops and other com-

mercial establishments in the housing project is not more than 3% of aggregate carpet area. (se- lect one)

1. Yes

2. No

10.

Project specification (for projects approved before 01.09.2019)

(i)

City/Location category (Metropoli- tan/other) (select one)

1. Metropolitan cities [Chennai, Delhi, Kol- kata, Mumbai]

2. Other than metropolitan cities

(ii)

Size of plot of land of the project (in sq. m)

(Metropolitan cities: not less than 1000 sq.m

Other than metropolitan cities: not less than 2000 sq. m)

(iii)

Is the total carpet area of any residential unit more than the prescribed area:

(Metropolitan cities: 30 sq.m

Other than metropolitan cities: 60 sq. m) (select one)

1.Yes

2.No

(iv)

Is area utilised by the project not less than the prescribed percentage of permissible floor area ratio?

(Metropolitan cities: 90%;

Other than metropolitan cities: 80%)

(select one)

1. Yes

2. No

11.

Project specification (for projects approved on or after 01.09.2019)

(i)

City/Location category (Metropolitan/other) (se- lect one)

1. Metropolitan cities [Bengaluru, Chennai, Delhi National Capital Region (limited to Delhi, Noida, Greater Noida, Ghaziabad, Gurugram, Faridabad), Hyderabad, Kol- kata and Mumbai (whole of Mumbai Met- ropolitan Region]

2. Other than metropolitan cities

(ii)

Size of plot of land of the project (in sq. m)

(Metropolitan cities: not less than 1000 sq.m

Other than metropolitan cities: not less than 2000 sq. m)

(iii)

Is the total carpet area of any residential unit more than the prescribed area:

(Metropolitan cities: 60 sq.m

1. Yes

2. No

Other than metropolitan cities: 90 sq. m) (select one)

(iv)

Is area utilised by the project not less than the prescribed percentage of permissible floor area ratio?

(Metropolitan cities: 90%;

Other than metropolitan cities: 80%)

(select one)

1. Yes

2. No

(v)

Whether stamp duty value of a residential unit is less than forty-five lakh rupees. (select one)

1. Yes

2. No

12.

Details of the rental housing project

(i)

Date of notification

dd/mm/yyyy

(ii)

Notification under section 80-IBA of the Income-tax Act, 1961

UPLOAD

13.

Initial tax year from when deduction is being claimed

14.

Total sales of the undertaking for the tax year.

15.

Profits and gains derived from the eligible housing/rental project

16.

Deduction under section 142 of the Act

Part B-7

Details of deduction u/s 143

6.

Date of incorporation

dd/mm/yyyy

7.

Date of commencement of operations

dd/mm/yyyy

8.

State where entity located

(select one)

1. Arunachal Pradesh

2. Assam

3. Manipur

4. Meghalaya

5. Mizoram

6. Nagaland

7. Sikkim

8. Tripura

9.

Nature of activity

(select one)

1. Manufacture or produce any eligible article or thing

2. Undertake substantial expansion for the above

3. Carry on an eligible business

10.

If substantial expansion undertaken, please specify:

(i)

Date of substantial expansion

dd/mm/yyyy

(ii)

Book value of plant and machinery (before taking depreciation in any year), as on the first day of the tax year in which the sub- stantial expansion is undertaken

(iii)

Value of increase in the plant and machin- ery in the year of substantial expansion.

11.

Nature of Eligible business

(select one)

1. New Hotel (2 star or up)

2. Adventure and leisure sports

3. Nursing Home (25 beds or more)

4. Old-age home

5. Vocational Training Institute

6. Information technology training centre

7. Manufacturing Information Technology Hardware

8. Biotechnology

12.

Copy of agreement with central/state government or local authority

UPLOAD

13.

Whether specified business formed by splitting up/reconstructing an existing business

(select one)

1. Yes

2. No

14.

Whether specified business set up using previously used plant/machinery

(select one)

1. Yes

2. No

15.

If yes, specify the % of previously used plant/machinery

16.

Initial tax year from when deduction is being claimed

17.

Total period of deduction including period of de-

duction under 2nd proviso to section 80-IB(4) of the Income-tax Act, 1961

18.

Total sales of the undertaking

19.

Profits and gains derived from the Eligible busi- ness

20.

Deduction under section 143 of the Act

Part B-8

Details of deduction u/s 144

6.

Details of the Unit

(i)

Name

(refer Note 1)

(ii)

Address

(refer Note 2)

(iii)

Nature of business

(iv)

Date of initial registration in SEZ

(v)

Date of commencement of manufac- ture or production or provision of

services

7.

Total export turnover

8.

Export proceeds received in convertible foreign exchange of the Unit in respect of

(i)

articles or things, or

(ii)

provision of services

9.

Sale proceeds of the Unit in respect of

(i)

articles or things, or

(ii)

provision of services

10

Whether the unit formed by splitting

up/reconstructing an existing business (select one)

1. Yes

2. No

11

Whether the unit is set up using previously used plant/machinery

(select one)

1. Yes

2. No

12

If (11) is yes, specify the % of previously used plant/machinery

13.

Amount brought into India in convertible foreign exchange:

(i)

within a period of six months from the end of the tax year

(ii)

within such further period as allowed by the Competent authority

Name of

the Com-

petent au- thority

Further period allowed till (dd/mm/yyyy)

Amount

Tax year to

which it per- tains

(iii)

Details of sale proceeds, if any, that are credited to a separate account maintained by the as- sessee with any bank outside India after permission from RBI

(a)

Amount of such sale pro- ceeds

(b)

Reference number of RBI according permission

14.

Qualifications, if any, on the above

UPLOAD

15.

Initial tax year from when deduction is being claimed

16.

Total Sales of the Unit

17.

Total Sales of the Business

18.

Total profits derived by the Unit

19.

Total profits derived by the Business

20.

Deduction under section 144 of the Act