Section 35AC of the Income-tax Act, 1961 - Eligible projects or scheme, expenditure on - Notified eligible projects or schemes - 10470 - Income Tax Act, 1961
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Deduction under section 35AC: Central government approves specific charitable projects and caps allowable deduction for each notified scheme. The Central Government approves specified institutions and, for each, designates the eligible project or scheme, the estimated cost and the maximum amount of that cost allowable as a deduction under section 35AC of the Income-tax Act, including where indicated separate corpus fund components and capped deductible amounts.
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.
Deduction under section 35AC: Central government approves specific charitable projects and caps allowable deduction for each notified scheme.
The Central Government approves specified institutions and, for each, designates the eligible project or scheme, the estimated cost and the maximum amount of that cost allowable as a deduction under section 35AC of the Income-tax Act, including where indicated separate corpus fund components and capped deductible amounts.
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