Agricultural extension project approval: notified project qualifies for Section 35CCC deduction subject to audit, reporting and compliance. Notification under section 35CCC approves the Rallis Kisan Kutumb-4S Campaign as an eligible agricultural extension project until A.Y. 2016-17, subject to conditions: separate project accounts and audited reports confirming genuineness and compliance; submission of audited statements, project notes and a Ministry of Agriculture certificate with the income tax return; exclusion of land or building costs and reimbursed amounts from deductions; prohibition on beneficiary charges; product neutral training; database sharing with District Agricultural Committee; and withdrawal of approval for non compliance.
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.
Agricultural extension project approval: notified project qualifies for Section 35CCC deduction subject to audit, reporting and compliance.
Notification under section 35CCC approves the Rallis Kisan Kutumb-4S Campaign as an eligible agricultural extension project until A.Y. 2016-17, subject to conditions: separate project accounts and audited reports confirming genuineness and compliance; submission of audited statements, project notes and a Ministry of Agriculture certificate with the income tax return; exclusion of land or building costs and reimbursed amounts from deductions; prohibition on beneficiary charges; product neutral training; database sharing with District Agricultural Committee; and withdrawal of approval for non compliance.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
