U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Sundeep Foundation, Mumbai - 332/2001 - S.O. 1051(E) - Income Tax

Eligibility under Section 35AC extended for Sundeep Foundation project, allowing continued deduction for approved health and education scheme.

Central Government specifies the scheme of running health care and education activities at Kutch and Dhule by Sundeep Foundation as an eligible project or scheme under section 35AC for a further three years from assessment year 2002-2003, at an estimated cost of forty lakhs, following a National Committee recommendation under sub rule (5) of rule 11M that the project is being executed properly.