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Notified agricultural extension project u/s 35CCC of Income Tax Act, 1961 – M/s Marico Limited, Mumbai - Safflower Agricultural Extension Project.

Notified agricultural extension project u/s 35CCC of Income Tax Act, 1961 – M/s Marico Limited, Mumbai - Safflower Agricultural Extension Project. - Income Tax - 53/2015 - Dated:- 26-6-2015 - Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Notification No. 53/2015 New Delhi, Dated 26-06-2015 FORM NO. 3CP 1. Name, address and PAN of the applicant M/s Marico Limited, Mumbai PAN:- AAACM7493G 2. Title of the agricultural extension project Safflower Agricul .....

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ion project in months Ongoing project 7. Assessment year(s) for which the agricultural extension project is being notified not exceeding three years) From date of formal issue of Notification till A.Y. 2018-19 8. Total expenses likely to be incurred for the agricultural extension project (other than cost of land or building) For F.Yr's 2015-16 applicant has claimed expenses of ₹ 2,52,49,214/. However, as project is being accorded approval from subsequent date in the F.Yr. 2015-16, the .....

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s of account of the agricultural extension project notified under sub-section (1) of section 35CCC, and get such books of account audited by an accountant as defined in the Explanation below sub-section (2) of section 288. ii. The audit report referred to in sub-rule (1) shall include the comments 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 o .....

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extension project except the deduction of the eligible expenditure in accordance with the provisions of section 35CCC of the Act, rule 6AAD of the I.T. Rules, 1962 and this Notification. The approved entity shall also not name any of their agricultural extension project/activity/scheme on the brand name of any of their products. v. The applicant shall furnish data sheet of farmers who have benefitted from the project to the Ministry of Agriculture. vi. All expenses other than salary expenditure .....

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