Tax incentive amendment under section alters notification wording to remove location and designate a portion of approved cost as corpus fund. The Central Government amends the notification under the tax incentive provision to remove the project's location qualifier for the charitable trust and to substitute the previously stated approved cost with wording that designates a portion of the approved cost as corpus fund out of the total approved cost, thereby changing how the approved expenditure is recorded for tax-incentive purposes.
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.
Tax incentive amendment under section alters notification wording to remove location and designate a portion of approved cost as corpus fund.
The Central Government amends the notification under the tax incentive provision to remove the project's location qualifier for the charitable trust and to substitute the previously stated approved cost with wording that designates a portion of the approved cost as corpus fund out of the total approved cost, thereby changing how the approved expenditure is recorded for tax-incentive purposes.
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