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of <h1>Childline India Foundation Project Eligibility Extended Under Section 35AC for 3 Years; Cost Deduction Limit Increased to Rs. 4.66 Crore.</h1> The Central Government has extended the eligibility of the Childline India Foundation project under Section 35AC of the Income-tax Act, 1961, for an additional three years, covering financial years 2013-14 to 2015-16. This decision follows recommendations from the National Committee for Promotion of Social and Economic Welfare, which confirmed the project's proper execution. The notification also amends the previous cost deduction limit for the project, increasing it from Rs. 2.66 crore to Rs. 4.66 crore. The project is conducted by Childline India Foundation at their Mumbai location.
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