Approval under section 35CCB enables tax-related recognition for conservation donations, subject to reporting and audit obligations. Approval granted to M/s. Vanarai for a conservation programme is valid from April 1, 1997 to March 31, 1998 and is conditional on maintaining a separate account for donations, furnishing a progress report for 1997-98 by March 31, 1998, submitting annual audit/accounts showing total income and liabilities with copies to the tax commissioner, complying with specified ministry correspondence, and remaining subject to continued satisfaction of the prescribed authority which may withdraw approval retrospectively.
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.
Approval under section 35CCB enables tax-related recognition for conservation donations, subject to reporting and audit obligations.
Approval granted to M/s. Vanarai for a conservation programme is valid from April 1, 1997 to March 31, 1998 and is conditional on maintaining a separate account for donations, furnishing a progress report for 1997-98 by March 31, 1998, submitting annual audit/accounts showing total income and liabilities with copies to the tax commissioner, complying with specified ministry correspondence, and remaining subject to continued satisfaction of the prescribed authority which may withdraw approval retrospectively.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
