Exemption u/s 35AC - Central Government had notified, 'Sustainable development through biotechnology' by Vidya Pratishthan, Vidyanagari, Bhigwan Road, Baramati, Pune, Maharashtra, as an eligible project or scheme - S.O. 2371(E) - Income Tax Act, 1961
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Exemption under section 35AC extended for a biotechnology sustainability project for a further period, preserving tax-deduction eligibility. Exemption under section 35AC is extended to 'Sustainable development through biotechnology' by Vidya Pratishthan as an eligible project for a further period of three years beginning with financial year 2008-09, without any change in the approved project cost, the extension being made following the National Committee's recommendation that the project is being executed properly.
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 extended for a biotechnology sustainability project for a further period, preserving tax-deduction eligibility.
Exemption under section 35AC is extended to "Sustainable development through biotechnology" by Vidya Pratishthan as an eligible project for a further period of three years beginning with financial year 2008-09, without any change in the approved project cost, the extension being made following the National Committee's recommendation that the project is being executed properly.
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