Tax exemption under section 35AC: contributions to a specified institution qualify for benefit for a designated infrastructure project. Exemption under section 35AC specifies eligible projects and estimated costs for named companies; the Peerless General Finance and Investment Company Ltd. is authorised for a pedestrian overbridge at Ultadanga, with contributions from 1-4-1992 qualifying for the section 35AC benefit; the notification approves the project's balance estimated cost and remains in force for assessment years 1993-94 to 1995-96.
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 exemption under section 35AC: contributions to a specified institution qualify for benefit for a designated infrastructure project.
Exemption under section 35AC specifies eligible projects and estimated costs for named companies; the Peerless General Finance and Investment Company Ltd. is authorised for a pedestrian overbridge at Ultadanga, with contributions from 1-4-1992 qualifying for the section 35AC benefit; the notification approves the project's balance estimated cost and remains in force for assessment years 1993-94 to 1995-96.
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