FORM NO.10CCAI
[See rule 18BBA(9)]
Report under section 80HHF(4) of the Income-tax Act, 1961
1. I/We have examined the accounts and records of
…………………………………………..…………………………………………………………………………………………………
……………………………………………….. (mention name , address and Permanent A ccount Number of the
assessee, being an Indian company) engaged in the business of export or transfer by any means out
of India of film software / television software / music software / television news software , including
telecast rights (hereafter referred to as software or software rights ) during the year ended on 31st
day of March …………………….
2. I / We certify that the business of the assessee in respect of software or software rights is not prohibited
by any law for the time being in force as mentioned in sub-section (6) of section 80HHF.
3. I/We certify that the deduction to be claimed by the assessee under sub-section (1) of section 80HHF of
the Income-tax Act, 1961, in respect of the assessment year ……………… is Rs. ……………. which has
been determined on the basis of the consideration/ sale proceeds in respect of software or software
rights received by the assessee in convertible foreign exchange. The said amount has been worked out
o n the basis of the details given in Annexure to this Form.
4. I/We, therefore, certify that the total deduction to be claimed by the assessee under section 80HHF in
respect of the assessment year …………………………… is Rs. …………………………….
5. In my/our opinion and to the best of my/our information and according to the information given to
me/us and on the basis of the relevant records made available to me/us the particulars given above and
in the Annexure to the Fo rm are true and correct.
Date ……………………….
…………………………………………
Sign
Accountant
ANNEXURE
(See paragraph 3 of Form No.10CCAI)
Details relating to claim of the assessee, being an Indian company, engaged in export or transfer by
any means out of India of software or software rights for deduction under section 80HHF of the
Income-tax Act, 1961
1. Name of the assessee-company
…………………………………
2. Assessment year
…………………………………
3. Export turnover relating to :-
…………………………………
(i) Export of film software
…………………………………
(ii) Export of music software
…………………………………
(iii) Export of television news software
…………………………………
(iv) Export of television software
…………………………………
(v) Export of telecast rights
…………………………………
Total export turnover
4. Total turnover of the business of the assessee
…………………………………
5. Total profits of the business of the assessee
…………………………………
6. Profits derived fro m the business referred to in sub -section (1) of
section 80HHF computed under sub-section (3) of the said section [3/4
x 5]
7. Deduction under section 80HHF to which the assessee is entitled …………………………………
Yes / No.
8. (i) Whether the full consideration in convertible foreign exchange
was brought into India within a period of six months from the end
of the previous year
(ii) If not, whether it was brought into India within such further period
in the previous year as allowed by the Competent Authority Yes / No.
(iii) Specify the amount and the relevant previous year in case such
amount is brought into India in convertible foreign exchange
beyond the period of six months from the end of relevant previous
year and with the approval of the Competent Authority ,where
such amount relates to any other previous year. Also state the
name of the authority and the period upto which the approval was
accorded
…………………………………