Section 35AC deduction ceiling increased for Free Eye surgeries project, allowing a higher maximum eligible project cost. Notification under Section 35AC amends the existing table entry for the 'Free Eye surgeries and running of hospital' scheme by substituting the previously notified maximum allowable project cost with an increased figure, thereby raising the ceiling on the amount of project expenditure that may be claimed as a deduction for contributions to the scheme, while maintaining the previously specified corpus component.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC deduction ceiling increased for Free Eye surgeries project, allowing a higher maximum eligible project cost.
Notification under Section 35AC amends the existing table entry for the "Free Eye surgeries and running of hospital" scheme by substituting the previously notified maximum allowable project cost with an increased figure, thereby raising the ceiling on the amount of project expenditure that may be claimed as a deduction for contributions to the scheme, while maintaining the previously specified corpus component.
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