Section 35AC deduction limit expanded for a specified charitable institution, increasing allowed capital cost deduction. The Central Government amends the notification under the Income tax Act by substituting a higher ceiling in the Table entry for Helpage India, C 14, Qutab Institutional Area, New Delhi, increasing the maximum amount of cost that may be allowed as a deduction for that specified institution while leaving other provisions unchanged.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC deduction limit expanded for a specified charitable institution, increasing allowed capital cost deduction.
The Central Government amends the notification under the Income tax Act by substituting a higher ceiling in the Table entry for Helpage India, C 14, Qutab Institutional Area, New Delhi, increasing the maximum amount of cost that may be allowed as a deduction for that specified institution while leaving other provisions unchanged.
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