Charitable donation deduction: full deduction extended to contributions made to the National Children's Fund going forward. Payments to the National Children's Fund shall qualify for full deduction in computing an assessee's total income, by adding a new sub-clause that raises the deduction rate for donations to that Fund to one hundred per cent; the amendment is effective from 1 April 2014 and applies to the relevant assessment year and subsequent years.
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Provisions expressly mentioned in the judgment/order text.
Charitable donation deduction: full deduction extended to contributions made to the National Children's Fund going forward.
Payments to the National Children's Fund shall qualify for full deduction in computing an assessee's total income, by adding a new sub-clause that raises the deduction rate for donations to that Fund to one hundred per cent; the amendment is effective from 1 April 2014 and applies to the relevant assessment year and subsequent years.
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