CENTRAL BOARD OF DIRECT TAXES

NOTIFICATION

New Delhi, ihe 18th January, 1978

INCOME-TAX

S.O. 24<E).—In excorcisc of the powers conferred bysection295ofthc(ncome-taxAi;t,]961 (43 of 1961), the Ccnhal Board of Direct

TaKes hereby makes the following rulos further to amend the Income-tax Rules, 1962, namely :—

These rules may be called the Income-tax (Amendment) Rules, 1978.

In the Income-tax Rules, 1962,—

(i) after rule 6AA, the following rule shall be inserted, namely :—

"6AA8. Statement of expenditure for claiming deduction under section 35CC.—

The statement of expenditure required to be furnished under sub-sociibn (3) of section 3SCC shall be In Form No. 3 A A.";

(ii) in Appendix II, after Form No. 3 A, the following Fojm shall be imcrled, namely :—

'I-ORMNO.3AA

[5«ru1e6AAB]

t Statement of expenditure to be furnished for the purposes of deduction under section 35CC of the Income-tax Act( 1961

Name and address of the "company/co-operative society

Permanent Account Numbei

THE GAZETTE OF INDIA : EXTRAORDINARY

[PART II—SBC. 3(ii)]

11.

12.

13.

Previous year

Assessment year

Date on which the programme of rural development wa s approved

by the proscribed authority

(Pleaseattach a true copy of the order of the prescribed authority

approving the programme)

(a) Copy of the programme of rural development as approved

by the prescribed authority

. . . .

(b) Particulars of rural area covered by the programme

implementlngthcapprovedprogrammc of rural development

[Please attach separate sheet(s), if necessary]

Total expenditure incurred during the previous year on the

approved programme of rural development

Where any part of the expenditure referred to in item 7 above

has been incurred before the approval of the programme of rural

development by the prescribed authority, please specify

the

amount thereof

Qualifying amount of expenditure

(Item 7 minus item 8)

0. Amount of expenditure, out of the expenditure referred to in

item 9 above, which has resulted in the acquisition or creation of

any one or more of the following assets :—

(i) Land

(ii) Building

(ili) Machinery or plant

(iv) Furniture

Total

(a) Has the •company/co-operative society divested itself of the

ownershipof the assets referred to in item 10 above before the

ond of the previous year ?

(b) If the answer to (a) above Is in the affirmative, please indicate

the date on which and the persons/authority in whose favour

the property has been divested

amount of expenditure which has resulted in the acquisition

or creation of assets the ownership whereof has not been so

divested

Where the expenditure referred to in Hem 10 above includes any

expenditure in respect of work-in-progress, please specify the

Amount of expenditure, out of the expenditure referred to in item

9 above, which has not resulted in the acquisition or creation of

anyasset betngland,building,machinery,plantorfurniture

[Please annex a break-up of various items of expenditure

under appropriate account heads, e.g., purchase of goods; salaries

and wages of regular employees; other salaries and wages; cone

veyance and travelling, etc. Any item unde r which the expendi-

ture exceeds Rs. 5,000 should be shown as a separate and distinct

item against an appropraite account head and not combined with

any other item or shown under 'Miscellaneous expenses'.

Where the approved programme of rural development consists of

more than one separate and distinct project, a break-up expenditure

on the above lines should please be furnished in respect of expen-

diture incurred in respect of each such project separately.¹

14. Where the entire expenditure incurred on the approved programme

of rural development has not been debited to a separate account,

please specify the various accounts to which such expenditure has

been debited and the amount debited to each such account

15. (a) Whether tho assessee has maintained original bills, receipts,

etc. in respect of the expenditure referred to in item 9 above.

...,.

(b) Whether such expenditure has been checked with reference to

the bills, receipts, etc. and found to be in order

16. (a) Whether any payment exceeding Rs. 2,500 has been made in

respect of the expenditure on tlrs approved programme of

rural development otherwise than by a crossed cheque or a

crossed bank draft—section 40A(3) of the Income-tax Act. If

so, pleasa give details of such payments

(b) Whether the expenditure incurred on the approved programme

of rural development includes any expenditure not deductible

under any other provision of the Income-tax Act. If so,

please give particulars thereof

17. Amount of expenditure claimed as deduction under section 35CC(1)

The particulars given herein above have been prop.irod on an examination of the books of account and other documents maintained

by M/s

—

• —

• • • —

_ _

(Name of the "company/co-operative society)

*I/We have obtained all the information and explanations which to tho bast of *my/your knowledge and belief were necessary for the purpose

of preparing the statement of expenditure on the programme of rural development. In *my/our opinion and to the best of *my/our

information and according to tho explanations given to *me/us, the particulars given hereinabove are true and correct.

(Signed)

Place

Date

(Accountant)

NOTES. (1) * Where any expenditure has been incurred during the previous year in respect of more than one programme of rural develop-

ment, please furnish separate statements in respect of each such programme.

(2) "Delete whichever is not applicable.

(3) JWhere the assessee has constructed any building for the purposes of the programm: of rural development, please furnish

break-up of the expenditure under convenient heads, e.g., purchase of mitcrials, etc. used; salaries and wages of regular

employeod; other salaries and wages, etc. Any item under which the expenditure exceeds Rs. 5,000 should be shown as a

separate and distinct item and not combined with any other item or shown under 'Miscellaneous expenses'.

(i) a chartered accountant within the moaning of the Chartered Accountants Act, 1940 (38 of 1949);

(li) any person who, in relation to any State is, by virtue of the provisions in sub-section (2) of section 226 of the Comp-

anies Act, 1956 (1 of 1956), entitled to be appointed to act as an auditor of companies registered in that State.

(5)

Where the whole or a part of the approved programme of rural development has bion executed on behalf of the assesses

by its agent, a detailed break up of the expenditure prepared on the basis of tho statement of account rendered by the agent

to the assessee and supporting bills, vouchers, etc. should be given on tho lines indicated above."

[No. 2 128/F. I No. 142(25)/77-TPL]

S. N. SHENDE, Secy.

Central Board of Direct Taxes

PRINTED BY THE MANAGER, GOVT, OF INDIA PRESS, RING ROAD, NEW DELHI-110064

AND PUBLISHED BY I HE CONTROLLER Ot PUBLICATIONS, DELHI-U0054, 1978