Deduction under section 35AC reduced for approved project; eligible project scope narrowed and notification extended. Amendment under section 35AC substitutes the table entry for Jindal Aluminium Limited to change the project from construction of school buildings in sixteen villages to construction in eleven villages and reduces the maximum allowable cost for deduction; the amended notification is extended for a further three years beginning with the specified assessment year.
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.
Deduction under section 35AC reduced for approved project; eligible project scope narrowed and notification extended.
Amendment under section 35AC substitutes the table entry for Jindal Aluminium Limited to change the project from construction of school buildings in sixteen villages to construction in eleven villages and reduces the maximum allowable cost for deduction; the amended notification is extended for a further three years beginning with the specified assessment year.
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 
