Exemption under section 35AC approves charitable projects and prescribes deduction limits for listed institutions. Notification under the powers of the Explanation to section 35AC approves listed institutions and specifies for each an eligible project or scheme, its estimated cost and the maximum portion of that cost allowable as a deduction; the table governs project eligibility and deduction caps, and the notification also prescribes differing periods of force for particular projects and records later substitutions and amendments.
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 approves charitable projects and prescribes deduction limits for listed institutions.
Notification under the powers of the Explanation to section 35AC approves listed institutions and specifies for each an eligible project or scheme, its estimated cost and the maximum portion of that cost allowable as a deduction; the table governs project eligibility and deduction caps, and the notification also prescribes differing periods of force for particular projects and records later substitutions and amendments.
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