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Section 35AC deduction: medical relief project extended for three years and allowable project cost increased. The Central Government, under Section 35AC of the Income-tax Act, 1961, notifies the 'Medical relief project' of Dardionu Rahat Fund as an eligible project for three further financial years commencing 2014-15, based on the National Committee's recommendation. The earlier notification is amended to substitute the previously specified maximum project cost with an enhanced project cost for the purposes of deduction under Section 35AC.
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Section 35AC deduction: medical relief project extended for three years and allowable project cost increased.
The Central Government, under Section 35AC of the Income-tax Act, 1961, notifies the "Medical relief project" of Dardionu Rahat Fund as an eligible project for three further financial years commencing 2014-15, based on the National Committee's recommendation. The earlier notification is amended to substitute the previously specified maximum project cost with an enhanced project cost for the purposes of deduction under Section 35AC.
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