U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – The Poona Blind Men’s Association, Pune - S.O. 3055(E) - Income Tax

Eligible project notification under section 35AC: Poona Blind Men's Association scheme extended for a further term after review.

Notification under Section 35AC extends the Central Government's recognition of PBMA's Kantalaxmi Shah Eye Hospital as an eligible project or scheme for income tax deduction purposes for a further three year term, following a recommendation by the National Committee and without any change to the approved project cost; the extension follows earlier notifications and is premised on proper execution and statutory authority under sub section (1) read with the Explanation to Section 35AC.