Exemption under section 35C: National Dairy Development Board approved as Association to incur agriculture and animal husbandry expenditure. The Secretary, Ministry of Agriculture, as the prescribed authority, notified that the National Dairy Development Board, Anand, is approved under clause ... Summary
Exemption under section 35C: National Dairy Development Board approved as Association to incur agriculture and animal husbandry expenditure.
The Secretary, Ministry of Agriculture, as the prescribed authority, notified that the National Dairy Development Board, Anand, is approved under clause (a) of sub section (1) of section 35C of the Income tax Act, 1961, as an Association authorised to incur expenditure on agriculture and animal husbandry development, thereby qualifying the institution under the statutory exemption framework for such expenditure.
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