Deductibility under Section 35AC: project notification extended and maximum project cost for deduction increased. The Central Government extends the notified eligibility period for the Trust's hospital project for three further financial years commencing 2014-15 and amends the original notification to increase the maximum project cost recognized for deduction purposes, including the corpus fund component, following recommendation by the national oversight committee that the project is being executed properly.
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.
Deductibility under Section 35AC: project notification extended and maximum project cost for deduction increased.
The Central Government extends the notified eligibility period for the Trust's hospital project for three further financial years commencing 2014-15 and amends the original notification to increase the maximum project cost recognized for deduction purposes, including the corpus fund component, following recommendation by the national oversight committee that the project is being executed properly.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
