Section 35AC deduction eligibility extended for Naandi Foundation project for a further period; project cost cap amended accordingly. The Central Government designates 'Ensuring Children Learn' by Naandi Foundation as an eligible project under the Explanation to section 35AC for a further three-year period commencing 2015-16, based on the National Committee's recommendation that the project is being properly executed; it also amends the previously notified maximum project cost by substituting the earlier amount with a higher revised cap for the extended period.
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.
Section 35AC deduction eligibility extended for Naandi Foundation project for a further period; project cost cap amended accordingly.
The Central Government designates "Ensuring Children Learn" by Naandi Foundation as an eligible project under the Explanation to section 35AC for a further three-year period commencing 2015-16, based on the National Committee's recommendation that the project is being properly executed; it also amends the previously notified maximum project cost by substituting the earlier amount with a higher revised cap for the extended period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
