Notified agricultural extension project u/s 35CCC of Income Tax Act, 1961 – M/s DCM Shriram Consolidated Ltd.,New Delhi - Sugar Manufacturing & Co-Generation of Power.
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....; of the agricultural extension project To improve sugarcane productivity by educating farmers of best practices and adopting new / advanced technologies in area of sugar units at Ajbapur, Rupapur, Hariawan & Loni in the state of UP 4. Reference No. and date of the application F. No. 203/20/2015-ITA.II received on 14.05.2015 5. Date of commencement of the agricultural extension project Already commenced. However, approval shall be effective from the date of issue of formal Notification u/s 35CCC of the Income-tax Act, 1961 (Act) 6. Duration of the agricultural extension project in months Ongoing project 7. Assessment year(s) ....
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.... of the auditor on the true and fair view of the books of account maintained for agricultural extension project, the genuineness of the activities of the agricultural extension project and fulfillment of the 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 beneficiaries under the eligible agricultural extension project for training, education, guidance or for any material so distributed for the said purposes. iv. The approved entity shall not get any direct or indirect benefit from the notified agricultural extension project except the d....
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....on or before the due date of furnishing the return of income under sub-section (1) of section 139, furnish the following to the jurisdictional PCIT/CIT/PDIT/DIT, as the case may be, namely:- a) the audited statement of accounts of the agricultural extension projects for the previous year along with the audit report and amount of deduction claimed under sub-section (1) of section 35CCC; b) a note on the agricultural extension project undertaken by it during the previous year and the programme of agricultural extension project to be undertaken during the current year and the financial allocation for such programme; and c) a certificate from the Ministry of Agriculture, Government of India, regardin....
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