Report for Computation of Book Profit for the purposes of section 206(1) of the Act

Part-A

Basic Information

1.

Details of the company

(i)

Name

(refer Note 1)

(ii)

Address

(refer Note 2)

(iii)

Permanent Account Number

(iv)

Contact Number

Country Code

(v)

Email ID

Part-B

2.

Tax year

3.

Total income of the company under the Act for the relevant tax year.

4.

Income-tax payable on total income

5.

Financial year adopted by the company under the Companies Act, 2013 (18 of 2013)

6.

Details of the statement of profit and loss

(i)

Whether prepared in accordance with the provisions of Schedule III to the Compa- nies Act, 2013 (18 of 2013).

(select one)

1. Yes

2. No

(ii)

Profit according to statement of profit and loss

7. 2.

Whether the financial year referred to in Row 5 above is same as the relevant tax year (row 2)?

(select one)

1. Yes

2. No

8. 3.

If the financial year referred to in row No. 5 above is same as the tax year (row 7 is Yes), then whether the statement of profit and loss referred to in row No. 6 above has followed the same ac- counting policies, accounting standards for pre- paring the statement of profit and loss and the same method of rates for calculating depreciation as have been adopted for preparing accounts laid before the company at its annual general meet- ing?

(select one)

1. Yes

2. No

9. 4.

If row No. 8 is No, the extent and nature of varia- tion be specified (attach working separately, where required).

10.

If the financial year referred to in Row 5 above is NOT same as the tax year (row No. 7 is No), then whether the statement of profit and loss re- ferred to in row No. 6 above has followed the same accounting policies, accounting standards for preparing the statement of profit and loss and the same method of rates for calculating depreci- ation as have been adopted for preparing ac- counts for the respective parts of the financial year laid or to be laid before the company at its annual general meeting? (select one)

1. Yes

2. No

11.

If row No. 10 is No, the extent and nature of var- iation be specified (attach working separately, where required).

12. .

Profit according to statement of profit and loss

referred to in row No. 6 above as adjusted by the amount or aggregate of amounts on account of variations referred to in row Nos. 9 or 11, as the case may be.

Adjustments to be made in Book Profit

13.

ADD: Amounts in sections mentioned at row Nos. 13(i) to 13(x) as below (attach working sepa- rately, where required).

(i)

Section 206(1)(c) (i)

(ii)

Section 206(1)(c)(ii)

(iii)

Section 206(1)(c)(iii)

(iv)

Section 206(1)(c)(iv)

(v)

Section 206(1)(c)(v)

(vi)

Section 206(1)(c)(vi)

(vii)

Section 206(1)(c)(vii)

(viii)

Section 206(1)(c)(viii)

(ix)

Section 206(1)(c)(ix)

(x)

Section 206(1)(c)(x)

(xi)

ADD: Aggregate of amounts men- tioned at row Nos. 13(i) to 13(x) as below

14.

LESS: Amounts in sections mentioned at row Nos. 14(i) to 14(vi) as below (Attach working sep- arately, where required).

(i)

Section 206(1)(c)(xi)

(ii)

Section 206(1)(c)(xii)

(iii)

Section 206(1)(c)(xiii)

(iv)

Section 206(1)(c)(xiv)

(v)

Section 206(1)(c)(xv)

(vi)

Section 206(1)(c)(xvi)

(vii)

LESS: aggregate of amounts men- tioned at row Nos. 14(i) to 14(vi).

15.

Adjust (ADD or LESS, as specified) the following amounts in section as referred in row Nos. 15(i) to 15(x) (Attach working separately, where required).

(i)

Section 206(1)(d)(i)

(a)

Add: Item No. (A)

(b)

Less: Item No. (B)

(ii)

Section 206(1)(d)(ii)

(a)

Add: Item No. (I)

(b)

Less: Item No. (II)

(iii)

Section 206(1)(d)(iii)

(a)

Add: Item No. (I)

(b)

Less: Item No. (II)

(iv)

Section 206(1)(d)(iv)

(a)

Add: Gain on transfer of units

(b)

Less: Loss on transfer of units

(v)

Section 206(1)(d)(v)

(a)

Add: Item No. (A)

(b)

Less: Item No. (B)

(vi)

Less: Section 206(1)(d)(vi)

(vii)

Less: Section 206(1) (d)(vii)

(viii)

Less: Section 206(1)(d)(viii)

(ix)

Add: Section 206(1)(d)(ix): Table Column A

(a)

Row (1)

(b)

Row (2)

(c)

Row (3) [from row No. 16(iv)]

(d)

Row (4)

(e)

Row (5)

(x)

Less: Section 206(1)(d)(ix): Table Column B

(a)

Row (1)

(b)

Row (2)

(c)

Row (3) [from row No. 16 (iv)]

(d)

Row (4)

(e)

Row (5)

Part-C

16.

Transition Amount as defined in section 206(1)(t)(vi).

(i)

Amount or the aggregate of the amounts adjusted in the other Equity (including capital reserve and securities premium reserve).

(ii)

To be further adjusted (increased or decreased) by

(a)

Amount or aggregate of amounts adjusted in capital reserve.

(b)

Amount or aggregate of amounts adjusted in securi- ties premium reserve.

(c)

Amount or aggregate of amounts adjusted in the oth- er Comprehensive income on the convergence date which shall be subsequently reclassified to profit or loss.

(d)

Amount or aggregate of amounts adjusted in Revalu- ation surplus for assets in accordance with the Indian Accounting Standards 12 and Indian Accounting Standards 38 adjusted on the convergence date.

(e)

Gains or losses from invest- ment in equity instruments designated at fair value through other comprehen- sive income in accordance

with Indian Account- ing Standards 109 adjusted on the convergence date.

(f)

Adjustments relating to items of property, plant and equipment and intangible as- sets recorded at fair value as deemed cost in accordance with paragraphs D5 and D7

of the Indian Accounting Standards 101 on the con- vergence date.

(g)

Adjustments relating to in- vestments in subsidiaries, joint ventures and associates recorded at fair value as deemed cost in accordance with paragraph D15 of the Indian Accounting Standard 101 on the convergence date.

(h)

Adjustments relating to cu- mulative translation differ- ences of a foreign operation in accordance with para- graph D13 of the Indian Ac- counting Standard 101 on the convergence date.

(i)

Any other adjustment (to be

specified).

(iii)

Total transition amount [row No. 16(i) as adjusted by row No. 16(ii)]

(iv)

1/5th of transition amount [1/5th of row No. 16(iii)]

17

Details of adjustment for transition amount.

(i)

Convergence date as defined in section 206(1)(t)(ii).

(ii)

Year of convergence as defined in sec- tion 206(1)(t)(ix).

(iii)

Total transition amount [from row No. 16(iii)]

(iv)

Amount or aggregate of amounts ad- justed till Immediately preceding year.

(v)

Amounts adjusted in this year [from row No. 16(iv)]

(vi)

Amount to be adjusted in the subse- quent year(s).

Part- D

18

Book profit as computed according to sub- sec- tion (1) of section 206 [row No. 12 as adjusted (ADD or LESS) by row Nos. 13, 14 and 15]

above

19

Type of Assessee Company

(Select One)

1. A unit, being a company located in an International Financial Services Centre and derives its income solely in convert- ible foreign exchange

2. Any Other Company

20

Tax Payable on Book Profit under section 206(1) as per the applicable rate for the Type of As- sessee Company in row No. 19 above.

CERTIFICATE

1. I/We have examined the accounts and records of …………… (name and address of the assessee with Permanent Account Number) engaged in business of …………….(nature of business) in order to arrive at the book profit during the year ended on the 31st March … ...

2. I/We certify that the book profit has been computed in accordance with the provisions of this sec- tion. The tax payable under section 206(1) of the Act in respect of the tax year ……………is ₹ … … … … . which has been determined as per above.

3. 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 this Form are true and correct.

Date:

Place:

Signature

Name of the Accountant:

Designation:

Membership Number:

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

Firm registration Number: