Insertion of New Section 35CC

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..... ociety, incurs any expenditure on any programme of rural development, the assessee shall, in accordance with and subject to the provisions of this section, be allowed a deduction of the amount of such expenditure incurred during the previous year : Provided that the approval of the prescribed authority has been obtained by the assessee in respect of such programme before incurring the expenditur .....

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..... l limits of any municipality or cantonment board referred to in sub-clause (i), as the Central Government may, having regard to the stage of development of such area (including the extent of, and scope for, urbanization of such area) and other relevant considerations, specify in this behalf by notification in the Official Gazette. (2) Where the expenditure referred to in sub-section (1) results .....

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..... re in the prescribed from duly signed and verified by an accountant as defined in the Explanation below sub-section (2) of section 288 and setting forth such particulars as may be prescribed. (4) Where a deduction under this section is claimed and allowed for any assessment year in respect of any expenditure referred to in sub-section (1), deduction shall not be allowed in respect of such expend .....

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