Form No. 3CN under Rule 11-OA(1)(a) of the Income-tax Rules, 1962 is an application for notification of an affordable housing project as a specified business under Section 35AD of the Income-tax Act, 1961. This form captures key details such as applicant information, project location, business status, and project specifications required for approval. Filing Form 3CN enables eligible developers to claim tax deductions on capital expenditure for affordable housing projects while supporting government initiatives to promote housing for all. Download Form 3CN to ensure compliance and benefit from tax incentives for affordable housing development.
Source: https://incometaxindia.gov.in
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