Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Agricultural extension project deductions require separate books, audit compliance, beneficiary receipt limits, and prescribed disclosures for eligibility. Conditions govern notification of an agricultural extension project under section 35CCC by requiring separate books of account, audit by an accountant, and an audit report on the true and fair view of the accounts, genuineness of activities, and compliance with the Act, rules, and notification conditions. Deduction is confined to eligible expenditure incurred wholly and exclusively for the project, after reducing beneficiary receipts, while reimbursed or reimbursable expenditure is excluded. Specified audited accounts, project notes, allocation details, and a Ministry of Agriculture certificate must be furnished by the return due date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Agricultural extension project deductions require separate books, audit compliance, beneficiary receipt limits, and prescribed disclosures for eligibility.
Conditions govern notification of an agricultural extension project under section 35CCC by requiring separate books of account, audit by an accountant, and an audit report on the true and fair view of the accounts, genuineness of activities, and compliance with the Act, rules, and notification conditions. Deduction is confined to eligible expenditure incurred wholly and exclusively for the project, after reducing beneficiary receipts, while reimbursed or reimbursable expenditure is excluded. Specified audited accounts, project notes, allocation details, and a Ministry of Agriculture certificate must be furnished by the return due date.
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