Exemption under section 35AC: specified institutions approved for tax-eligible development projects and schemes for limited years. Approval under section 35AC designates specified charitable institutions and their named development projects and schemes as eligible for tax-exempt donations, listing discrete projects-rural road construction, school and hostel construction and repairs, hospital construction and wards, welfare and entrepreneurial programmes, women and child development centres, and mobile medical dispensaries-with estimated costs, operative for three specified assessment years and subject to later substitutions amending particular project entries.
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.
Exemption under section 35AC: specified institutions approved for tax-eligible development projects and schemes for limited years.
Approval under section 35AC designates specified charitable institutions and their named development projects and schemes as eligible for tax-exempt donations, listing discrete projects-rural road construction, school and hostel construction and repairs, hospital construction and wards, welfare and entrepreneurial programmes, women and child development centres, and mobile medical dispensaries-with estimated costs, operative for three specified assessment years and subject to later substitutions amending particular project entries.
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