Notification u/s 35AC - Notifies the scheme or project 'CRY Supported Development project all over India', which is being carried out by CRY (Child Relief and you), DDA Slum Wing Barat Ghar, Bapu Park, Kotla Mubarakpur, New Delhi. - 133/2012 - Income Tax Act, 1961
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Section 35AC notification affirms CRY project eligibility and increases the approved project cost for tax-deduction purposes. Notification under section 35AC designates the 'CRY Supported Development project all over India' as an eligible project for deductions, notes the project's extension beyond fifteen years and the National Committee's recommendation to increase the approved project cost, and amends the earlier notification by substituting the prior notified project cost with the revised higher amount, thereby updating the maximum allowable cost relevant to deduction eligibility under section 35AC.
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.
Section 35AC notification affirms CRY project eligibility and increases the approved project cost for tax-deduction purposes.
Notification under section 35AC designates the "CRY Supported Development project all over India" as an eligible project for deductions, notes the project's extension beyond fifteen years and the National Committee's recommendation to increase the approved project cost, and amends the earlier notification by substituting the prior notified project cost with the revised higher amount, thereby updating the maximum allowable cost relevant to deduction eligibility under section 35AC.
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