https://www.taxtmi.com/notifications?id=24550 Rule 11 OA prescribes the procedure and form (Form No. 3CN) for notification of an affordable housing project as a specified business for entitlement to the tax deduction: application to the Board, deficiency procedure and cure period, powers to seek documents, requirement of hearing before invalidation/rejection/withdrawal, communication of orders, and Board's power to publish or withdraw notification. It sets cumulative eligibility conditions on sanction, commencement, plot size, unit type area percentages, layout approval and project completion timeframe; requires separate project accounts and timely returns; and defines unit categories, rentable area measurement and specified cities. en-us Mon, 02 Jan 2012 00:00:00 +0530 Fri, 13 Jan 2012 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=24550 Rule 11 OA prescribes the procedure and form (Form No. 3CN) for notification of an affordable housing project as a specified business for entitlement to the tax deduction: application to the Board, deficiency procedure and cure period, powers to seek documents, requirement of hearing before invalidation/rejection/withdrawal, communication of orders, and Board's power to publish or withdraw notification. It sets cumulative eligibility conditions on sanction, commencement, plot size, unit type area percentages, layout approval and project completion timeframe; requires separate project accounts and timely returns; and defines unit categories, rentable area measurement and specified cities. Notifications Income Tax Mon, 02 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/notifications?id=24550