Notification u/s 35AC - Notifies the scheme or project 'Running of Omayal Achi Community Health Centre at Arakambakkam' which is being carried out by Mr. Omayal Achi Mr. Arunachalam trust, Coral Manor, 'A' Ground Floor, 40-41, Second Main Road, Raja Annamalaipuram, Chennai - 72/2013 - S.O. 3190(E) - Income Tax Act, 1961
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Project eligibility under section 35AC: notification increases approved project cost and corpus fund for Omayal Achi health centre. Notification under section 35AC designates the 'Running of Omayal Achi Community Health Centre at Arakambakkam' as an eligible project for tax incentives, records prior extensions and cost enhancements, and, following a recommendation by the National Committee for Promotion of Social and Economic Welfare, amends the original notification to substitute the earlier cost entry in the schedule with a revised statement increasing the project's sanctioned total cost and the corpus fund for which tax benefit is allowed.
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Project eligibility under section 35AC: notification increases approved project cost and corpus fund for Omayal Achi health centre.
Notification under section 35AC designates the "Running of Omayal Achi Community Health Centre at Arakambakkam" as an eligible project for tax incentives, records prior extensions and cost enhancements, and, following a recommendation by the National Committee for Promotion of Social and Economic Welfare, amends the original notification to substitute the earlier cost entry in the schedule with a revised statement increasing the project's sanctioned total cost and the corpus fund for which tax benefit is allowed.
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