Tax exemption approvals: projects sanctioned with capped project costs for eligible institutions under notified scheme. Approval under section 35AC designates specified institutions and their projects as eligible for income-tax exemption tied to contributions, with each Table entry setting the project scope and the maximum project cost approved. The notification assigns temporal limits to approvals for particular serial numbers and records subsequent substitutions that alter operative periods and certain project descriptions and approved cost figures.
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 approvals: projects sanctioned with capped project costs for eligible institutions under notified scheme.
Approval under section 35AC designates specified institutions and their projects as eligible for income-tax exemption tied to contributions, with each Table entry setting the project scope and the maximum project cost approved. The notification assigns temporal limits to approvals for particular serial numbers and records subsequent substitutions that alter operative periods and certain project descriptions and approved cost figures.
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