https://www.taxtmi.com/article/detailed?id=5206 Section 35CCD allows companies a weighted deduction of one and one-half times expenditure (excluding land or building) on notified skill development projects, contingent on prescribed guidelines and CBDT notification. Rules 6AAF, 6AAG and 6AAH set eligibility (manufacturing or specified services), require projects in separate training facilities, NSDA scrutiny and CBDT notification, permit only net expenses after reimbursements, and mandate separate project accounts with audit; training of existing employees after six months of recruitment is excluded. en-us Wed, 24 Jul 2013 17:21:18 +0530 Wed, 24 Jul 2013 17:21:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5206 Section 35CCD allows companies a weighted deduction of one and one-half times expenditure (excluding land or building) on notified skill development projects, contingent on prescribed guidelines and CBDT notification. Rules 6AAF, 6AAG and 6AAH set eligibility (manufacturing or specified services), require projects in separate training facilities, NSDA scrutiny and CBDT notification, permit only net expenses after reimbursements, and mandate separate project accounts with audit; training of existing employees after six months of recruitment is excluded. Articles Income Tax Wed, 24 Jul 2013 17:21:18 +0530 https://www.taxtmi.com/article/detailed?id=5206