Notification u/s 35AC - Notifies the scheme or project 'Bharti Schools (Establishing & supporting over 500 primary schools as well as non-formal education)' which is being carried out by 'Bharti Foundation, H-5/12, Qutab Ambience, Mehrauli Road, New Delhi 110 030' - 17/2013 - S.O. 3135(E) - Income Tax
📋
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 eligibility: charitable educational project notification extended three financial years by central government, approved cost unchanged. Notification under Section 35AC designates the Bharti Schools scheme carried out by Bharti Foundation as an eligible project or scheme for tax incentive purposes and specifies a further three year period commencing with financial year 2013 14. The Central Government confirms the approved project cost remains Rs. 360 crore including a corpus fund of Rs. 110 crore and records the National Committee's recommendation that the project is being executed properly, thereby extending the period during which expenditures qualify under the statutory framework.
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 eligibility: charitable educational project notification extended three financial years by central government, approved cost unchanged.
Notification under Section 35AC designates the Bharti Schools scheme carried out by Bharti Foundation as an eligible project or scheme for tax incentive purposes and specifies a further three year period commencing with financial year 2013 14. The Central Government confirms the approved project cost remains Rs. 360 crore including a corpus fund of Rs. 110 crore and records the National Committee's recommendation that the project is being executed properly, thereby extending the period during which expenditures qualify under the statutory framework.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.