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Notified agricultural extension project u/s 35CCC of Income Tax Act, 1961 – M/s Aditya Birla Nuva Limited, Mumbai - Agriculture Extension Education Program - Total Agri Solution Provider.

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..... ion Program - Total Agri Solution Provider 3. Purpose of the agricultural extension project Provide value added services to help farmers to achieve higher yield, quality and profit; and To promote sustainable agriculture by introducing various techniques such as watershed management, organic farming 4. Reference No. and date of the application F. No. 203/23/2015-ITA.II received on 27.05.2015 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/ .....

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..... , and get such books of account audited by an accountant as defined in the Explanation below sub-section (2) of section 288 of the Act . Further, the books of accounts pertaining to the said agricultural extension project shall be maintained in a manner as to enable verification of each extension activity being carried out in the project. 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 of the conditions specified in the relevant provisions of the Act or the rules or the conditions mentioned in the notification .....

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..... son, 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. The approved entity shall, 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 unde .....

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