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<h1>New Rules Detail Approval Process for Skill Development Projects Under Section 35CCD of Income-tax Act, 1961</h1> The Income-tax (10th Amendment) Rules, 2013, introduces Rule 6AAF, 6AAG, 6AAH, and Forms No. 3CQ and 3CR, detailing the process for approval of skill development projects under section 35CCD of the Income-tax Act, 1961. Eligible companies must apply to the National Skill Development Agency (NSDA) for project notification, providing project details, expected expenses, and a letter of concurrence from the training institute. The NSDA reviews applications and makes recommendations to the Central Board of Direct Taxes (CBDT) for approval. Approved projects are notified for up to three assessment years, subject to compliance with specified conditions.