Home > Income Tax > Business or Profession > Agricultural Extension Project – Section 35CCC

Agricultural Extension Project – Section 35CCC

Eligible assessee – All assessee

Eligible expenditure – Expenditure incurred on notified agricultural extension project in accordance with the prescribed guidelines

Deduciton allowed – 150% of such expenditure

Where a deduction is allowed under this section, then deduction for such expenditure is not allowed under any of the provisions of the Act for the same or any other assessement year.

Leave a Reply

Your email address will not be published. Required fields are marked *