Exemption under section 35AC: specified projects approved for deductible donations for a limited assessment-period. The Central Government, on the National Committee's recommendation, approves a specified institution and an eligible project for deduction purposes under section 35AC, stating the project description, the estimated cost and the maximum amount of that cost allowable as a deduction; the notification also limits the period of its operation to a defined three-year span relating to specified assessment years.
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 deductible donations for a limited assessment-period.
The Central Government, on the National Committee's recommendation, approves a specified institution and an eligible project for deduction purposes under section 35AC, stating the project description, the estimated cost and the maximum amount of that cost allowable as a deduction; the notification also limits the period of its operation to a defined three-year span relating to specified assessment years.
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