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  • 3cq See Rule 6aaf Application Form For Approval Under Sub-section (1) Of Section 35ccd Of The

Get 3cq See Rule 6aaf Application Form For Approval Under Sub-section (1) Of Section 35ccd Of The

FORM NO.3CQ See rule 6AAF Application form for approval under sub-section (1) of section 35CCD of the Income-tax Act, 1961 1. (i) Name of the applicant company. (ii) Address of the registered office.

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Section 115JB(2A) - Computation of book profits for a company whose financial statements are prepared in ance to Indian Accounting Standards [Inserted by FA, 2017, w.e.f. 1-4-2017].

6.1 The audit report under section 115JB(4) is required to be given in Form No. 29B as per Rule 40B of the Income-tax Act, 1961 which requires certification by the accountant that the book profit and tax payable thereon have been computed in ance with provisions of section 115JB.

Minimum Alternate Tax ('MAT”) is a tax payable, by a company (except specifically excluded), under section 115JB of the Income Tax Act, 1961 (“the Act”), on “book profits” (deemed as total income) [at the rate of 15% (w.e.f. AY 2020-21) plus applicable Surcharge and Health & Education Cess], if the income tax payable ...

Section 206C of Income Tax Act, 1961 deals with profits and gains pertaining to forest produce, alcohol,scrap, etc. This section also provides the percentage of tax that is to be collected by the seller for specific goods. Unlike TDS, for tax purposes, the seller must show the tax that was collected to the government.

As per section 115JB, every taxpayer being a company is liable to pay MAT, if the Income- tax(including surcharge and cess) payable on the total income, computed as per the provisions of the Income-tax Act in respect of any year is less than 15% of its book-profit + surcharge (SC) + health & education cess.

As per section 115JB, the tax liability of the company will be, Tax computed on the taxable income as per the normal provisions of the Income tax Act, 1961 (or) The tax computed @ 15% on book profit plus surcharge and cess as applicable.

Section 35CCD of the Income Tax Act provides deduction towards expenditure incurred on the skill development project. Whereas, rule 6AAF of the Income Tax Rules provides the guidelines to be followed by the company in order to notify the skill development project.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232