TaxTMI 
TaxTMI 
Expenditure on eligible projects or schemes
X X X X Extracts X X X X
X X X X Extracts X X X X
....y sum as aforesaid or directly on the eligible project or scheme. (2) The deduction under sub-section (1) shall not be allowed unless the assessee furnishes along with his return of income a certificate- (a) where the payment is to a public sector company or a local authority or an association or institution referred to in sub-section (1), from such public sector company or local authority or, as the case may be, association or institution; (b) in any other case, from an accountant, as defined in the Explanation below sub-section (2) of section 288, in such form, manner and containing such particulars (including particulars relating to the progress in the work relating to the eligible project or scheme during the pre....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ncipal Chief Commissioner of Income Tax (Exemption) or the Chief Commissioner of Income Tax (Exemption)], after the end of each financial year, a report in such form and setting forth such particulars and within such time as may be prescribed, ^8[the Principal Chief Commissioner of Income Tax (Exemption) or the Chief Commissioner of Income Tax (Exemption)] may, at any time, after giving a reasonable opportunity of showing cause against the proposed withdrawal to the concerned association or institution, withdraw the approval: Provided that a copy of the order withdrawing the approval shall be forwarded by ^9[the Principal Chief Commissioner of Income Tax (Exemption) or the Chief Commissioner of Income Tax (Exemption)] to the Assessing....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... ^4[(6) Notwithstanding anything contained in any other provision of this Act, where- (i) the approval of the National Committee, granted to an association or institution, is withdrawn under sub-section (4) or the notification in respect of eligible project or scheme is withdrawn in the case of a public sector company or local authority or an association or institution under sub-section (5); or (ii) a company has claimed deduction under the proviso to sub-section (1) in respect of any expenditure incurred directly on the eligible project or scheme and the approval for such project or scheme is withdrawn by the National Committee ^12[or the Principal Chief Commissioner of Income Tax (Exemption) or the Chief Commissioner ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....on 13 of the Finance (No. 2) Act, 1991 w.e.f. 01-04-1992 2. Inserted vide Section 6 of the Taxation Laws (Amendment) Act, 2006 w.e.f. 01-04-2006 3. Substituted vide Section 10 of the Finance (No. 2) Act, 2004 w.e.f. 01-10-2004 before it was read as, "(4) Where an association or institution is approved by the National Committee under sub-section (1), and subsequently that Committee is satisfied that the project or the scheme is not being carried on in accordance with all or any of the conditions subject to which approval was granted, it may, at any time, after giving a reasonable opportunity of showing cause against the proposed withdrawal to the concerned association or institution, withd....