https://www.taxtmi.com/notifications?id=6465 Section 36(1)(xii) notification designates the Oil Industry Development Board under the Oil Industry (Development) Act as a notified institution for deductible expenditures, subject to conditions: expenditures must be for authorised objects, not capital in nature, not eligible under any other Income-tax provision, and must be maintained in a separate account; the notification is prospective from 1 April and does not affect ongoing proceedings for prior assessment years. en-us Tue, 05 Feb 2008 00:00:00 +0530 Fri, 18 Jul 2008 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=6465 Section 36(1)(xii) notification designates the Oil Industry Development Board under the Oil Industry (Development) Act as a notified institution for deductible expenditures, subject to conditions: expenditures must be for authorised objects, not capital in nature, not eligible under any other Income-tax provision, and must be maintained in a separate account; the notification is prospective from 1 April and does not affect ongoing proceedings for prior assessment years. Notifications Income Tax Tue, 05 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/notifications?id=6465