Deduction for notified agricultural extension projects: approval requires compliance, audit, and reporting under tax provisions. Approval is granted to the 'Rallis Kisan Kutumba - Tata Rallis Agri Input Training Scheme' as an eligible agricultural extension project under section 35CCC, permitting deduction of expenses (excluding land or building) incurred wholly and exclusively for the project, subject to conditions: separate audited books, auditor's certification of genuineness and compliance, prohibition on charging beneficiaries, exclusion of reimbursed expenditures, prohibition on claiming the same expenditure elsewhere, and filing of audited accounts, activity notes and a Ministry of Agriculture certificate by the return due date.
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Deduction for notified agricultural extension projects: approval requires compliance, audit, and reporting under tax provisions.
Approval is granted to the 'Rallis Kisan Kutumba - Tata Rallis Agri Input Training Scheme' as an eligible agricultural extension project under section 35CCC, permitting deduction of expenses (excluding land or building) incurred wholly and exclusively for the project, subject to conditions: separate audited books, auditor's certification of genuineness and compliance, prohibition on charging beneficiaries, exclusion of reimbursed expenditures, prohibition on claiming the same expenditure elsewhere, and filing of audited accounts, activity notes and a Ministry of Agriculture certificate by the return due date.
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