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Section 35AC approvals specify eligible projects and deduction caps for listed social welfare institutions over specified financial years. The Central Government approves specific institutions as sponsors of eligible projects or schemes for deduction under section 35AC, specifying for each the project description, estimated cost and the maximum amount of that cost allowable as a deduction, and indicating the financial years during which the approval and deduction limits apply, with certain entries omitted or substituted by later notifications.
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.
Section 35AC approvals specify eligible projects and deduction caps for listed social welfare institutions over specified financial years.
The Central Government approves specific institutions as sponsors of eligible projects or schemes for deduction under section 35AC, specifying for each the project description, estimated cost and the maximum amount of that cost allowable as a deduction, and indicating the financial years during which the approval and deduction limits apply, with certain entries omitted or substituted by later notifications.
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