Form 3CN is an application for notification of affordable housing project as specified
business under section 35AD of the Income Tax Act, 1961.
Section 35AD allows for deduction in respect of expenditure on specified business
including developing and building a housing project under a scheme for affordable
housing framed by the Central Government or a State Government, as the case may
be, and notified by the Board in accordance with the guidelines.
As per the guidelines in rule 11OA, the applicant should apply for notification
of the project to Member (IT), Central Board of Direct Taxes. This application should
be in Form 3CN.
Form 3CN.pdf (75.34 kb)