Notification u/s 35AC - Notifies the scheme Administration and maintenance of 27 existing villages for providing free clothing, education and shelter and family environment to destitute, orphaned and abandoned children” New Delhi - 41/2012 - 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 eligible project designation renewed; project cost ceiling increased and notification extended for additional financial years. The Central Government notifies the SOS Children's Villages project as an eligible project under section 35AC for a further three-year period commencing 2012-13, preserving its qualification for tax-deductible contributions, and amends the prior notification to increase the maximum project cost allowable for deduction to Rs. 150 crore following the National Committee's recommendation.
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 eligible project designation renewed; project cost ceiling increased and notification extended for additional financial years.
The Central Government notifies the SOS Children's Villages project as an eligible project under section 35AC for a further three-year period commencing 2012-13, preserving its qualification for tax-deductible contributions, and amends the prior notification to increase the maximum project cost allowable for deduction to Rs. 150 crore following the National Committee's recommendation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.