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Eligible project notification: extension and increased cost cap for mid-day meal scheme allowing continued deduction under section 35AC. The Central Government notifies the Mid-day Meal Scheme run by Maria Seva Sangha, Bangalore, as an eligible project under section 35AC for a further three financial years commencing 2015-16, following a recommendation by the National Committee under rule 11M(5). The notification amends the earlier entry by increasing the maximum project cost ceiling in the original notification, thereby raising the cap on the amount of expenditure allowed as a deduction under section 35AC.
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Eligible project notification: extension and increased cost cap for mid-day meal scheme allowing continued deduction under section 35AC.
The Central Government notifies the Mid-day Meal Scheme run by Maria Seva Sangha, Bangalore, as an eligible project under section 35AC for a further three financial years commencing 2015-16, following a recommendation by the National Committee under rule 11M(5). The notification amends the earlier entry by increasing the maximum project cost ceiling in the original notification, thereby raising the cap on the amount of expenditure allowed as a deduction under section 35AC.
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