Tax deduction under Section 35AC: amended notification sets differing multi-year validity for specified projects across assessment years. The substituted provision fixes differential validity periods for listed projects: two-year validity for certain serial-numbered projects in relation to two consecutive assessment years; three-year validity for another set of serial-numbered projects in relation to three consecutive assessment years; and a separate three-year validity for two further serial-numbered projects in relation to a later sequence of three assessment years.
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.
Tax deduction under Section 35AC: amended notification sets differing multi-year validity for specified projects across assessment years.
The substituted provision fixes differential validity periods for listed projects: two-year validity for certain serial-numbered projects in relation to two consecutive assessment years; three-year validity for another set of serial-numbered projects in relation to three consecutive assessment years; and a separate three-year validity for two further serial-numbered projects in relation to a later sequence of three assessment years.
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