Deduction for rural development contributions becomes conditional on institutional approval by prescribed authority under amended tax provision. Amendment allows a deduction for expenditure where an assessee pays sums to an association or institution whose object is undertaking approved rural development programmes or training persons to implement such programmes, provided the recipient association or institution is approved for this purpose by the prescribed authority; the approval requirement is a condition precedent to claiming the deduction.
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Provisions expressly mentioned in the judgment/order text.
Deduction for rural development contributions becomes conditional on institutional approval by prescribed authority under amended tax provision.
Amendment allows a deduction for expenditure where an assessee pays sums to an association or institution whose object is undertaking approved rural development programmes or training persons to implement such programmes, provided the recipient association or institution is approved for this purpose by the prescribed authority; the approval requirement is a condition precedent to claiming the deduction.
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