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of <h1>Godrej Agrovet's Animal Feed Project Approved for Tax Deductions Under Section 35CCC, Valid Until Assessment Year 2016-17</h1> The notification from the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, approves the Godrej Agrovet Limited Animal Feed Extension Project under Section 35CCC of the Income Tax Act. The project aims to share information among farmers regarding cattle and poultry health management. The approval is effective from the date of the notification and applies to assessment years up to 2016-17. The project expenses, excluding land or building costs, are eligible for tax deductions. The entity must maintain separate audited accounts and cannot charge beneficiaries or gain direct benefits. Approval may be withdrawn if activities cease or are not genuine.
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