Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Exemption u/s 35AC - Central Government had specified for Integrated Rural Development through health and medical services by SEWA-Rural (Society for Education, Welfare and Action-Rural), Bharuch as an eligible project or scheme - S.O. 748 (E) - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Exemption under section 35AC: specified SEWA Rural integrated rural development project extended for continued tax exempt eligibility. The Central Government specifies SEWA-Rural's Integrated Rural Development project-including health services, vocational training, women's income-generation, cottage industry promotion, and low-cost housing assistance-as an eligible scheme for a further three-year period commencing with the stated assessment year, following the National Committee's recommendation and prior notifications, thereby maintaining its status for Income Tax Act exemption under the applicable provision and rules.
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.
Exemption under section 35AC: specified SEWA Rural integrated rural development project extended for continued tax exempt eligibility.
The Central Government specifies SEWA-Rural's Integrated Rural Development project-including health services, vocational training, women's income-generation, cottage industry promotion, and low-cost housing assistance-as an eligible scheme for a further three-year period commencing with the stated assessment year, following the National Committee's recommendation and prior notifications, thereby maintaining its status for Income Tax Act exemption under the applicable provision and rules.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.