Amendment to section 35AC notification raises the approved project cost ceiling for a listed entry in the schedule. The Central Government, on the National Committee's recommendation, amends the notification under the explanatory provision to the tax incentive statute by substituting the previously stated figures and words denoting the likely and maximum approved project cost for a specific schedule entry with newly specified figures, thereby altering the approved cost ceiling for that project or scheme.
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Provisions expressly mentioned in the judgment/order text.
Amendment to section 35AC notification raises the approved project cost ceiling for a listed entry in the schedule.
The Central Government, on the National Committee's recommendation, amends the notification under the explanatory provision to the tax incentive statute by substituting the previously stated figures and words denoting the likely and maximum approved project cost for a specific schedule entry with newly specified figures, thereby altering the approved cost ceiling for that project or scheme.
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