Exemption under section 35AC: approval of public sector welfare schemes as eligible projects for deduction in specified districts. Approval under section 35AC designates specified public sector welfare schemes as eligible projects for deduction, identifies the company and project costs, and fixes the maximum deductible portion; the notification limits the approval's operation to a particular 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.
Exemption under section 35AC: approval of public sector welfare schemes as eligible projects for deduction in specified districts.
Approval under section 35AC designates specified public sector welfare schemes as eligible projects for deduction, identifies the company and project costs, and fixes the maximum deductible portion; the notification limits the approval's operation to a particular assessment year.
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