Exemption under section 35AC: specified projects approved for capped deductions with limited assessment-year validity periods. Specification under section 35AC designating listed institutions' projects as eligible for deduction, with each entry stating the project description, estimated cost and the maximum amount of that cost allowable as a deduction. The notification also prescribes the assessment-year periods during which the specified deduction is available for particular projects and records later substitutions altering certain stated cost figures.
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 projects approved for capped deductions with limited assessment-year validity periods.
Specification under section 35AC designating listed institutions' projects as eligible for deduction, with each entry stating the project description, estimated cost and the maximum amount of that cost allowable as a deduction. The notification also prescribes the assessment-year periods during which the specified deduction is available for particular projects and records later substitutions altering certain stated cost figures.
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