Notification u/s 35AC - Notifies the scheme or project 'Construction of building for Special School, Hostel and Staff Quarters, purchase of equipments, furnishing and running of Dakshinya Institute for the Mentally Handicapped at Padapalakaluru Village, Guntur, Andhra Pradesh' which is being carried out by Sri Dakshinya Bhava Samithi, D. No. 4-2-16, 4th Lane, Lakshmipuram, Guntur- Andhra Pradesh - 131/2012 - Income Tax Act, 1961
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Section 35AC project extension: three-year continuation granted with revised cost and certificate restriction for Dakshinya Institute project. The Central Government notifies continuation of the Dakshinya Institute project as an eligible project under the income-tax deduction provision for three further financial years beginning 2011-12 to 2013-14, but directs that no certificate shall be issued for the already lapsed financial year 2011-12. The notification further amends the original notification to increase the maximum project cost eligible for deduction to the revised sanctioned amount.
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Section 35AC project extension: three-year continuation granted with revised cost and certificate restriction for Dakshinya Institute project.
The Central Government notifies continuation of the Dakshinya Institute project as an eligible project under the income-tax deduction provision for three further financial years beginning 2011-12 to 2013-14, but directs that no certificate shall be issued for the already lapsed financial year 2011-12. The notification further amends the original notification to increase the maximum project cost eligible for deduction to the revised sanctioned amount.
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