Tax deduction eligibility under Section 35AC: watershed and village development scheme specified for further assessment years. Specification under Section 35AC designates Yusuf Meharally Centre's watershed and integrated village development scheme in Konkan and Panvel and Pen Talukas as an eligible project for tax-deduction purposes and extends that specification for a further three assessment years following a National Committee recommendation confirming proper execution; the scheme is identified at an estimated project cost in the notification.
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Provisions expressly mentioned in the judgment/order text.
Tax deduction eligibility under Section 35AC: watershed and village development scheme specified for further assessment years.
Specification under Section 35AC designates Yusuf Meharally Centre's watershed and integrated village development scheme in Konkan and Panvel and Pen Talukas as an eligible project for tax-deduction purposes and extends that specification for a further three assessment years following a National Committee recommendation confirming proper execution; the scheme is identified at an estimated project cost in the notification.
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