Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Notification u/s 35AC - Notifies the scheme or project 'Treatment of Cancer, Kidney Failure (dialysis) and Eye diceases for Tribal', which is being carried out by Shantilal Shanghvi Foundation, FP 145, Ram Mandir Road, Vile Parle (East), Mumbai - 123/2012 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Section 35AC deduction: amendment increases the notified project cost ceiling, raising eligible deduction for the tribal healthcare scheme. The Central Government, under section 35AC, notifies the project 'Treatment of Cancer, Kidney Failure (dialysis) and Eye diseases for Tribal' carried out by Shantilal Shanghvi Foundation as eligible for deduction and, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, amends the previously notified maximum project cost by substituting the earlier stated amount with a higher amount, thereby increasing the ceiling for deduction under the Income-tax Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Section 35AC deduction: amendment increases the notified project cost ceiling, raising eligible deduction for the tribal healthcare scheme.
The Central Government, under section 35AC, notifies the project "Treatment of Cancer, Kidney Failure (dialysis) and Eye diseases for Tribal" carried out by Shantilal Shanghvi Foundation as eligible for deduction and, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, amends the previously notified maximum project cost by substituting the earlier stated amount with a higher amount, thereby increasing the ceiling for deduction under the Income-tax Act.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.