Approval of Eligible Projects or Schemes under Section 35AC of the Income Tax Act, 1961

Approval of Eligible Projects or Schemes under Section 35AC of the Income Tax Act, 1961 Section 35AC of the Income Tax Act 1961, inter alia provides for a deduction in computing the business income of an assessee, of the amount paid by him to a Public Sector company or a local authority or to an … Read more