Section 35AC approval permits deduction for specified corporate-funded social development project in Haryana over defined assessment years. Approval under section 35AC applies to Maruti Udyog Limited's social development work at Mulahera, Dundahera and Sirhoul, District Gurgaon, Haryana, with the Central Government specifying the estimated project cost and the maximum amount allowable as a deduction; the notification remains in force for a three-year period covering the designated assessment years.
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 approval permits deduction for specified corporate-funded social development project in Haryana over defined assessment years.
Approval under section 35AC applies to Maruti Udyog Limited's social development work at Mulahera, Dundahera and Sirhoul, District Gurgaon, Haryana, with the Central Government specifying the estimated project cost and the maximum amount allowable as a deduction; the notification remains in force for a three-year period covering the designated assessment years.
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