Deduction for agricultural extension projects: approval granted with audit, beneficiary no charge and reimbursement exclusion conditions. Approval is granted for Godrej Agrovet Limited's notified agricultural extension project to claim tax deductions for eligible expenditures incurred wholly and exclusively for the project, excluding cost of land or building and excluding any expenditure reimbursed by third parties. Conditions include maintaining separate project accounts, annual audit with auditor's comments on genuineness and compliance, furnishing audited accounts and a Ministry of Agriculture certificate with the income-tax return, prohibition on charging beneficiaries, product neutral training, sharing extension worker database with the District Agricultural Committee, and withdrawal of approval for cessation, lack of genuineness or non compliance.