Deduction under section 35AC: Government notifies approved charitable projects and permitted deduction limits for three financial years. Notification under section 35AC notifies institutions approved by the National Committee and approves specified projects, their estimated costs and the maximum amounts that may be allowed as deduction under the provision. The Table lists twenty-two institutions with project descriptions and records that the Committee recommended approval for each project for a three-year period commencing with financial year 2015-16 through 2017-18, thereby fixing the temporal scope and deductible limits for eligible expenditures.
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: Government notifies approved charitable projects and permitted deduction limits for three financial years.
Notification under section 35AC notifies institutions approved by the National Committee and approves specified projects, their estimated costs and the maximum amounts that may be allowed as deduction under the provision. The Table lists twenty-two institutions with project descriptions and records that the Committee recommended approval for each project for a three-year period commencing with financial year 2015-16 through 2017-18, thereby fixing the temporal scope and deductible limits for eligible expenditures.
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