Tax deduction for slum redevelopment projects recognised for eligible approved projects within the notified period. Notification designates the Maharashtra slum redevelopment scheme as eligible for deduction under Section 80-IB, subject to the condition that any amendment to the Scheme must be re-notified by the Central Board of Direct Taxes. The notification applies to projects approved by a local authority under the scheme within the prescribed approval window, making incomes from such eligible projects available for deduction from the relevant 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.
Tax deduction for slum redevelopment projects recognised for eligible approved projects within the notified period.
Notification designates the Maharashtra slum redevelopment scheme as eligible for deduction under Section 80-IB, subject to the condition that any amendment to the Scheme must be re-notified by the Central Board of Direct Taxes. The notification applies to projects approved by a local authority under the scheme within the prescribed approval window, making incomes from such eligible projects available for deduction from the relevant assessment year.
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