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Tax deduction for eligible social welfare projects extended; project cost ceiling increased under income tax notification. Notification under section 35AC re-notifies the Mid-day Meal Scheme by Maria Seva Sangha in three Bangalore schools as an eligible project for a further three financial years commencing 2012-13 and amends the original notification to increase the maximum project cost allowed as the basis for deduction following the National Committee's recommendation.
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Tax deduction for eligible social welfare projects extended; project cost ceiling increased under income tax notification.
Notification under section 35AC re-notifies the Mid-day Meal Scheme by Maria Seva Sangha in three Bangalore schools as an eligible project for a further three financial years commencing 2012-13 and amends the original notification to increase the maximum project cost allowed as the basis for deduction following the National Committee's recommendation.
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