https://www.taxtmi.com/acts?id=18092 Conditions for notification of a skill development project under section 35CCD require separate books of account, audit by an accountant, and an audit report covering the true and fair view of accounts, genuineness of activities, and compliance with the Act, rules, and notification conditions. Existing employees' training begun after six months of recruitment is ineligible for notification, and only qualifying expenditure wholly and exclusively incurred for the project, excluding land or building cost and reimbursed amounts, is eligible for deduction. en-us Sat, 03 Aug 2013 11:09:44 +0530 Mon, 18 May 2026 14:36:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18092 Conditions for notification of a skill development project under section 35CCD require separate books of account, audit by an accountant, and an audit report covering the true and fair view of accounts, genuineness of activities, and compliance with the Act, rules, and notification conditions. Existing employees' training begun after six months of recruitment is ineligible for notification, and only qualifying expenditure wholly and exclusively incurred for the project, excluding land or building cost and reimbursed amounts, is eligible for deduction. Act-Rules Income Tax Sat, 03 Aug 2013 11:09:44 +0530 https://www.taxtmi.com/acts?id=18092