U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On - Tamilnad Kidney Research Foundation, Chennai - 112/2011 - Income Tax Act, 1961
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Eligible Project Extension: Corpus fund eligibility extended for a further multi-year period by Central Government notification. The Central Government notifies that the 'Corpus fund' of Tamilnad Kidney Research Foundation, Chennai, is an eligible project or scheme under the Explanation to section 35AC for a further three-year period commencing with the 2011-12 financial year, pursuant to a recommendation by the National Committee under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, and confirms no change in the previously approved project cost.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Eligible Project Extension: Corpus fund eligibility extended for a further multi-year period by Central Government notification.
The Central Government notifies that the "Corpus fund" of Tamilnad Kidney Research Foundation, Chennai, is an eligible project or scheme under the Explanation to section 35AC for a further three-year period commencing with the 2011-12 financial year, pursuant to a recommendation by the National Committee under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, and confirms no change in the previously approved project cost.
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