Section 35AC exemption extended for shorthand training project, with corporate CSR funds expressly excluded. The project 'Type, Shorthand training' run by Sarvodaya Vikas Samiti is notified as an eligible project under Section 35AC for a further three-year period commencing 2015-16 at the previously approved cost following the National Committee's recommendation; however, the exemption under Section 35AC does not apply to funds received under Schedule VII of the Companies Act and the Companies (CSR) Rules.
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Section 35AC exemption extended for shorthand training project, with corporate CSR funds expressly excluded.
The project "Type, Shorthand training" run by Sarvodaya Vikas Samiti is notified as an eligible project under Section 35AC for a further three-year period commencing 2015-16 at the previously approved cost following the National Committee's recommendation; however, the exemption under Section 35AC does not apply to funds received under Schedule VII of the Companies Act and the Companies (CSR) Rules.
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