Section 35AC approvals: institutions and eligible projects notified for a limited-term tax benefit period under notification. Approval is granted under the income tax statutory provision for charitable project certifications by listing specified institutions with their eligible projects and estimated costs, thereby defining the activities that qualify for the tax incentive mechanism; the notification, issued on the National Committee's recommendation, is effective for a defined multi year assessment period.
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.
Section 35AC approvals: institutions and eligible projects notified for a limited-term tax benefit period under notification.
Approval is granted under the income tax statutory provision for charitable project certifications by listing specified institutions with their eligible projects and estimated costs, thereby defining the activities that qualify for the tax incentive mechanism; the notification, issued on the National Committee's recommendation, is effective for a defined multi year assessment period.
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