Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for construction and running of school (including cost of vehicles) in thirty villages of Sundergarh District, Orissa by Dalmia Shiksha Pratisthan - 215/2002 - Income Tax
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Specification of eligible project under tax explanation extends school running scheme and increases allowable project cost. The Central Government, under the Explanation to section 35AC, specifies the scheme of running schools (deleting construction) in thirty villages of Sundergarh District by Dalmia Shiksha Pratisthan as an eligible project or scheme for a further three year period beginning with the assessment year 2003 2004, following a National Committee recommendation that the project is properly executed; it also amends the earlier notification to increase the maximum cost to be allowed for the specified project.
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.
Specification of eligible project under tax explanation extends school running scheme and increases allowable project cost.
The Central Government, under the Explanation to section 35AC, specifies the scheme of running schools (deleting construction) in thirty villages of Sundergarh District by Dalmia Shiksha Pratisthan as an eligible project or scheme for a further three year period beginning with the assessment year 2003 2004, following a National Committee recommendation that the project is properly executed; it also amends the earlier notification to increase the maximum cost to be allowed for the specified project.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.