Skill development project deduction conditions require separate books, audit compliance, eligible expenditure rules, and genuineness checks. Conditions for notification of a skill development project under section 35CCD require separate books of account, audit by an accountant, and an audit report covering the true and fair view of accounts, genuineness of activities, and compliance with the Act, rules, and notification conditions. Existing employees' training begun after six months of recruitment is ineligible for notification, and only qualifying expenditure wholly and exclusively incurred for the project, excluding land or building cost and reimbursed amounts, is eligible for deduction.