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of <h1>Public Sector Entities Must Submit Form 58D for Eligible Projects Under Section 35AC of Income-Tax Act, 1961</h1> Form 58D is a report to be submitted by a public sector company, local authority, or approved association under section 35AC of the Income-Tax Act, 1961. It details a notified eligible project or scheme approved by the National Committee. The form requires information on the project's name, organization details, PAN, communication address, notification details, objectives, and financial accounts. It includes sections on the project's performance, expenditure, donations, achievements, targets, and reasons for any shortfalls. The form must be certified by the principal officer of the organization managing the project.
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