Tax exemption for approved charitable project extended for a further period, with unchanged cost; earlier year excluded. Notification under Section 35AC extends eligibility of the project 'SECOND INNING HOME - Old Age Home for Senior Citizens in Rural Areas' carried out by Vishwa Pratishthan for a further three-year period without change to the approved cost and corpus. The extension follows the National Committee's recommendation based on satisfactory execution. Because the initial stated financial year has lapsed, exemption under Section 35AC is not available for that lapsed year.
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Tax exemption for approved charitable project extended for a further period, with unchanged cost; earlier year excluded.
Notification under Section 35AC extends eligibility of the project "SECOND INNING HOME - Old Age Home for Senior Citizens in Rural Areas" carried out by Vishwa Pratishthan for a further three-year period without change to the approved cost and corpus. The extension follows the National Committee's recommendation based on satisfactory execution. Because the initial stated financial year has lapsed, exemption under Section 35AC is not available for that lapsed year.
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