Section 35AC deduction approval: specified company projects eligible for capped tax deduction for the relevant assessment year. Approval under Section 35AC is granted to Bajaj Hindustan Limited for specified rural development and public health projects (bio gas plant, pump set distribution, windmill and pump set maintenance, immunisation and cholera vaccination camps, tree plantation and rural extension services) at locations in District Kheri, Uttar Pradesh, with the estimated project cost and a stated maximum amount of that cost allowed as deduction; the approval is operative for a one year period in relation to the notification's assessment year.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC deduction approval: specified company projects eligible for capped tax deduction for the relevant assessment year.
Approval under Section 35AC is granted to Bajaj Hindustan Limited for specified rural development and public health projects (bio gas plant, pump set distribution, windmill and pump set maintenance, immunisation and cholera vaccination camps, tree plantation and rural extension services) at locations in District Kheri, Uttar Pradesh, with the estimated project cost and a stated maximum amount of that cost allowed as deduction; the approval is operative for a one year period in relation to the notification's assessment year.
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