Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Eligible project notification under Section 35AC extended and deduction cap increased under tax incentive rules for a charity project. The Central Government, exercising powers under Section 35AC, has notified that the 'Akshar centre for hearing impaired' by Akshar Trust, Baroda, is an eligible project for three further financial years beginning 2014-15, and has amended the earlier notification to substitute the previously stated maximum project cost with an increased figure following the competent committee's recommendation.
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.
Eligible project notification under Section 35AC extended and deduction cap increased under tax incentive rules for a charity project.
The Central Government, exercising powers under Section 35AC, has notified that the "Akshar centre for hearing impaired" by Akshar Trust, Baroda, is an eligible project for three further financial years beginning 2014-15, and has amended the earlier notification to substitute the previously stated maximum project cost with an increased figure following the competent committee's recommendation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.