Deduction under section 35AC extended for Karuna Trust's Gujarat health scheme, permitting an increased eligible project cost ceiling. Notification under Section 35AC extends Karuna Trust's Gujarat health project as an eligible project for three additional financial years starting 2013-14, following the National Committee's recommendation that the project is properly executed. The notification also amends the eligibility table to increase the maximum project cost permitted for computing the deduction under Section 35AC, thereby raising the ceiling relevant to allowable qualifying expenditures for donors funding the specified charitable health services.
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Provisions expressly mentioned in the judgment/order text.
Deduction under section 35AC extended for Karuna Trust's Gujarat health scheme, permitting an increased eligible project cost ceiling.
Notification under Section 35AC extends Karuna Trust's Gujarat health project as an eligible project for three additional financial years starting 2013-14, following the National Committee's recommendation that the project is properly executed. The notification also amends the eligibility table to increase the maximum project cost permitted for computing the deduction under Section 35AC, thereby raising the ceiling relevant to allowable qualifying expenditures for donors funding the specified charitable health services.
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