Form 10CCBB, Download Income Tax Form 10CCBB in PDF Format

FORM NO. 10CCBB for Audit Report under Section 80-IB (7B)/ (14). FORM NO. 10CCBB is relevant for the convention centers which are constructed at any time during the on period 1-4-2002 to 31-3-2005, and which are eligible for deduction under section under section 80-IB (7B) with effect from the assessment year 2003-04.

(1) For the purpose of sub-section (7B) and clause (aa) of sub-section (14) of section 80-IB, the convention centre shall have the following area, facilities and amenities,—

 (i)  A convention centre located in a town or city mentioned in column (1) of the table below, shall have a minimum plinth area mentioned in column (2), minimum seating capacity mentioned in column (3) and minimum number of conference or seminar halls mentioned in column (4) of the said Table, as under :—

 

Town size population (as per 2001 census)

Minimum area covered plinth area (in sq. mtrs.)

Minimum seating capacity range

Minimum number of Conference or Seminar halls

 

(1)

(2)

(3)

(4)

 Below 5 lakhs

2000

200-300

2

 5-10 lakhs

5000

500-750

3

 10-40 lakhs

10000

1000-1500

5

 Above 40 lakhs : Mega cities

15000

1500-2000

7

(ii)  The convention centre shall have conference or seminar halls, auditorium and exhibition halls for holding seminars, conferences.

(iii)  Each conference, seminar hall, exhibition hall and the auditorium of the convention centre shall be equipped with modern public address system, slide and power point projection system and LCD projector or Video screening facility.

(iv)  The convention centre shall also have a documentation centre with computers and printers, telephone with STD/ISD facilities, E-mail, photocopy and scanning facility along with trained operators to provide these facilities.

(v)  The conference or seminar hall, documentation centre, auditorium and the exhibition hall of the convention centre shall be air-conditioned.

(vi)  The convention centre shall have adequate parking facility and other public conveniences as per the local building regulations and should also fulfil all local building regulations in respect of fire and safety.

(2) In addition to facilities mentioned in sub-rule (1), the convention centres may have,—

 (i)  an amphi-theatre, landscaped open spaces for outdoor conference or seminar related activities;

(ii)  a kitchen, dining facility, cafeteria or restaurant only to support events in the convention centre.

(3) A separate report of the audit, shall be furnished along with the return of income in respect of each eligible convention centre, in Form No. 10CCBB and shall be duly signed and verified by an accountant as defined in the Explanation below sub-section (2) of section 288.

(4) In the first year of the claim of deduction, the assessee shall enclose along with the audit report, a copy of approvals for building of convention centre given by State or local authorities, which shall, where applicable, include the following :—

 (i)  permission for construction of the convention centre, from the town planning authority or municipal corporation;

(ii)  completion certificate or occupation certificate, as the case may be, from the town planning authority or municipal corporation, certifying the completion of the convention centre, during the period commencing on the 1st day of April, 2002 and ending on the 31st day of March, 2005.

FORM NO. 10CCBB

(See Rule 18DC)

Audit report under section 80-IB (7B)/ (14)

1.Name of the assessee:
2.PAN:
3.Status:
4.Share in the ownership of the convention centre
(a) Fully owned by assesseeYesNo
(b) Partly owned by assesseeYesNo
(c) If yes, please specify the percentage of ownership:
5.Name and address of the convention centre:
6.Date of commencement of operation by the convention centre:
7.Initial assessment year:
8.Approval from the town planning authority or municipal corporation under the town planning or municipal corporation regulation (attach copy of approval):

Approval

Issuing authority

Approval date
and number

(a)

Permission for construction of the convention centre

(b)

Completion certificate or occupation certificate

9.Technical details of convention centre:
(i) Town size population (as per 2001 census):
(ii) Total covered plinth area (in sq.metres):
(iii) Number of conference or seminar halls:
(iv) Seating capacity of the convention centre:
(v) Number of auditoriums:
(vi) Number of exhibition halls:
(vii) Technical specification of convention centre :
(a) Whether the conference or seminar halls, auditorium and exhibition hall have modern public address systemYesNo
(b) Whether conference or seminar halls, auditorium and exhibition hall have slide and power point projection systemYesNo
(c) Whether conference or seminar halls, auditorium and exhibition hall have LCD Projector/Video screening facilityYesNo
(d) Whether the convention centre has a documentation centreYesNo
(e) Whether the documentation centre has computers, printers, fax, e-mail, photocopier and scanner along with trained operators to handle these equipmentsYesNo
(f) Whether the conference or seminar halls, exhibition hall, auditorium and documentation centre are air-conditionedYesNo
(g) Whether the convention centre has adequate parking and other public conveniences as per local building regulationsYesNo
(h) Whether the convention centre fulfils the local building regulations in respect of fire and safetyYesNo
(i) Whether the convention centre has amphi-theatreYesNo
(j) Whether the convention centre has landscaped
(i) open spaceYesNo
(ii) if yes, please specify the purpose for which the same is used
(k) Whether the convention centre has
(i) Kitchen facility or restaurantYesNo
(ii) Whether the same is used only to support events in the convention centreYesNo
10.Details relating to computation of deduction :
(i) Number of conferences or seminars held
(ii) Receipts from convention centre
(iii) Other receipts
(iv) Profit derived from the business of building-owning-operating of convention centres : (amount in rupees)
(v) Deduction under section 80-IB (7B) (amount in rupees)

Declaration

I/We have examined the balance sheet of the above convention centre styled
and belonging to the assessee M/s.
(Permanent Account No.
) as at
and the profit and loss account of the said convention centre for the year ended on that date which are in agreement with the books of account maintained at the head office at
and branches at .

I/We have obtained all the information and explanations which to the best of my/our knowledge and belief were necessary for the purposes of the audit. In my/our opinion, proper books of account have been kept by the head office and the branches of the convention centre aforesaid visited by me/us so far as appears from my/our examination of books, and proper returns adequate for the purposes of audit have been received from branches not visited by me/us, subject to the comments given below:

In my/our opinion, the convention centre satisfies the conditions stipulated in section 80-IB and the amount of deduction claimed under this section is as per the provisions of the Income-tax Act, and

In my/our opinion and to the best of *my/our information and according to explanations given to me/us, the said accounts give a true and fair view-

(i) In the case of the balance sheet, of the state of affairs of the above named convention centre as at
, and

(ii) In the case of the profit and loss account, or the profit or loss of the convention centre for the accounting year ending on

Place

Date

Signed

Chartered Accountant

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