https://www.taxtmi.com/notifications?id=105681 Rules create a procedural regime for approval and notification of agricultural extension projects: projects must be for farmer training with prior ministry approval and meet an expenditure threshold; applicants file Form 3C-O with prescribed project details and ministry approval; local tax authorities review, request defects be cured, inquire as needed and recommend to the central tax board; the central board may require further verification, notify projects in Form 3CP subject to conditions, extend or rescind notifications; notified projects must maintain separate audited accounts, comply with audit report requirements, limit beneficiary charges and avoid indirect benefits beyond the allowed tax deduction. en-us Thu, 30 May 2013 00:00:00 +0530 Tue, 08 Apr 2014 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=105681 Rules create a procedural regime for approval and notification of agricultural extension projects: projects must be for farmer training with prior ministry approval and meet an expenditure threshold; applicants file Form 3C-O with prescribed project details and ministry approval; local tax authorities review, request defects be cured, inquire as needed and recommend to the central tax board; the central board may require further verification, notify projects in Form 3CP subject to conditions, extend or rescind notifications; notified projects must maintain separate audited accounts, comply with audit report requirements, limit beneficiary charges and avoid indirect benefits beyond the allowed tax deduction. Notifications Income Tax Thu, 30 May 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=105681