Exemption under section 35AC: specified charitable projects approved for deductible expenditure within notified maximum limits. Notification under section 35AC designates approved institutions and specifies eligible projects or schemes with estimated costs, and prescribes the maximum amount of such cost that may be allowed as a deduction under section 35AC. The Table sets cumulative deduction limits for each project and allocates the periods of approval across specified financial years; amendments and substitutions to institution names and certain figures are recorded in accompanying notes.
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 charitable projects approved for deductible expenditure within notified maximum limits.
Notification under section 35AC designates approved institutions and specifies eligible projects or schemes with estimated costs, and prescribes the maximum amount of such cost that may be allowed as a deduction under section 35AC. The Table sets cumulative deduction limits for each project and allocates the periods of approval across specified financial years; amendments and substitutions to institution names and certain figures are recorded in accompanying notes.
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