Section 35AC project extension continues Vatsalya Trust's notified welfare schemes for three additional financial years. Central Government re-specifies Vatsalya Trust's notified welfare project-orphanage, balika ashrama, old age home and child parents guidance centres-as an eligible project under Section 35AC, without changing the approved project cost, following the National Committee's recommendation under rule 11M, and thereby enables continued tax-deduction eligibility for contributions for a further three-year period commencing with the 2014-15 financial year.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC project extension continues Vatsalya Trust's notified welfare schemes for three additional financial years.
Central Government re-specifies Vatsalya Trust's notified welfare project-orphanage, balika ashrama, old age home and child parents guidance centres-as an eligible project under Section 35AC, without changing the approved project cost, following the National Committee's recommendation under rule 11M, and thereby enables continued tax-deduction eligibility for contributions for a further three-year period commencing with the 2014-15 financial year.
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