Section 35AC eligible project status extended for Project Eye Hope enabling continued recognition of qualifying expenditure for three additional years. The Central Government, on recommendation of the National Committee under the Income-tax Rules, extends notified eligible project or scheme status to Project 'Eye Hope' by Eye Bank Coordination and Research Centre for a further three years beginning financial year 2010-11, preserving the approved project cost and corpus fund without change, thereby continuing the project's recognition under the Act's deduction-related scheme for 2010-11 through 2012-13.
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Section 35AC eligible project status extended for Project Eye Hope enabling continued recognition of qualifying expenditure for three additional years.
The Central Government, on recommendation of the National Committee under the Income-tax Rules, extends notified eligible project or scheme status to Project "Eye Hope" by Eye Bank Coordination and Research Centre for a further three years beginning financial year 2010-11, preserving the approved project cost and corpus fund without change, thereby continuing the project's recognition under the Act's deduction-related scheme for 2010-11 through 2012-13.
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