https://www.taxtmi.com/acts?id=9502 If approval or notification for an eligible project or scheme is withdrawn, or a company's deduction on project expenditure is affected by such withdrawal, the total payments received for which a certificate was furnished or the deduction claimed shall be deemed to be the income of the relevant entity for the previous year in which the withdrawal occurs and taxed at the maximum marginal rate for that year. en-us Tue, 21 Oct 2008 13:24:17 +0530 Tue, 21 Oct 2008 13:24:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9502 If approval or notification for an eligible project or scheme is withdrawn, or a company's deduction on project expenditure is affected by such withdrawal, the total payments received for which a certificate was furnished or the deduction claimed shall be deemed to be the income of the relevant entity for the previous year in which the withdrawal occurs and taxed at the maximum marginal rate for that year. Act-Rules F. Acts / Amendment Acts Tue, 21 Oct 2008 13:24:17 +0530 https://www.taxtmi.com/acts?id=9502