Deduction under Section 35AC extended for charitable eye hospital, allowing continued eligible expenditure for three-year period. Notification extends recognition under Section 35AC for the charitable eye hospital project run by Pujya Tapaswi Sri Jagjeevanjee, preserving its status as an eligible project or scheme without change to the approved cost and specifying continuation of tax-deduction linked eligibility for a further three-year period commencing 2014-15 upon recommendation of the National Committee under the Income-tax Rules.
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Deduction under Section 35AC extended for charitable eye hospital, allowing continued eligible expenditure for three-year period.
Notification extends recognition under Section 35AC for the charitable eye hospital project run by Pujya Tapaswi Sri Jagjeevanjee, preserving its status as an eligible project or scheme without change to the approved cost and specifying continuation of tax-deduction linked eligibility for a further three-year period commencing 2014-15 upon recommendation of the National Committee under the Income-tax Rules.
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