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Notified eligible Agricultural Extension Project – GODREJ AGROVET LIMITED – OIL PALM EXTENSION PROJECT-Section 35CCC- Expenditure on agricultural extension project

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.... Revenue Central Board of Direct Taxes New Delhi Notification No. 14/2015 Dated: February 16, 2015 FORM NO. 3CP 1. Name, address and PAN of the applicant Godrej Agrovet Limited, Pirojshanagar, Eastern Express Highway, Vikroli (East), Mumbai-400079 (AAACG0617Q) 2. Title of the agricultural extension project Oil Palm Extension Project 3. Purpose of the agricultural extension project ....

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.... ₹ 8,53,00,000/- for each year. However, as project is being accorded approval from subsequent date in the F.Yr. 2014-2015, the expected expenditure for the relevant period would be much lesser, as far as F.Yr. 2013-2014 is concerned, no claim u/s 35CCC shall be allowed) while for A.Y. 2016-17, likely expenditure is ₹ 8,53,00,000/-. 9. Amount, if any, to be charged from each ....

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....conditions specified in the relevant provisions of the Act or the rules or the conditions mentioned in the notification issued under sub-rule (6) or sub-rule (9) of rule 6AAD. iii. The approved entity shall not accept any amount from the beneficiary under the eligible agricultural extension project for training, education, guidance or any material distributed for the purposes of such training, e....

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....rsed or reimbursable to the assessee by any person, whether directly or indirectly, shall not be eligible for deduction under section 35CCC. vii. Where a deduction under this section 35CC of the Act is claimed and allowed for any assessment year, deduction shall not be allowed in respect of such expenditure under any other provisions of the Act for the same or any other assessment year. viii. ....