Section 35AC exemption: approved projects eligible for tax deduction under specified limits for limited assessment years Approval under section 35AC designates specified charitable institutions and particular projects as eligible for tax deductions, with the Table stating each project's estimated cost and the maximum deductible amount (including where applicable corpus fund components). The notification confines the approval to a three year period for specified assessment years and notes later textual substitutions to certain Table 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.
Section 35AC exemption: approved projects eligible for tax deduction under specified limits for limited assessment years
Approval under section 35AC designates specified charitable institutions and particular projects as eligible for tax deductions, with the Table stating each project's estimated cost and the maximum deductible amount (including where applicable corpus fund components). The notification confines the approval to a three year period for specified assessment years and notes later textual substitutions to certain Table entries.
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