Section 35AC deduction renewal and increased project cost ceiling for eligible old age home construction scheme. The Central Government notifies the project 'Construction of building for old age home complex at Srikakulam' carried out by Srikakulam Vayodhikula Sangham as an eligible scheme under Section 35AC for a further three year period and amends the earlier notification by increasing the maximum allowable construction cost ceiling and the corpus fund ceiling, pursuant to a recommendation from the National Committee for Promotion of Social and Economic Welfare and previous series of extensions and cost enhancements.
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Section 35AC deduction renewal and increased project cost ceiling for eligible old age home construction scheme.
The Central Government notifies the project "Construction of building for old age home complex at Srikakulam" carried out by Srikakulam Vayodhikula Sangham as an eligible scheme under Section 35AC for a further three year period and amends the earlier notification by increasing the maximum allowable construction cost ceiling and the corpus fund ceiling, pursuant to a recommendation from the National Committee for Promotion of Social and Economic Welfare and previous series of extensions and cost enhancements.
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