Section 35AC deduction increased for a specified sports coaching project, expanding the maximum allowable project cost deduction. The notification amends S.O.713(E) by substituting the entry in the Table for Sports Coaching Foundation, Hyderabad to increase the maximum amount of project cost allowable as a deduction under Section 35AC, thereby raising the ceiling of project cost eligible for deduction for that specified project.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC deduction increased for a specified sports coaching project, expanding the maximum allowable project cost deduction.
The notification amends S.O.713(E) by substituting the entry in the Table for Sports Coaching Foundation, Hyderabad to increase the maximum amount of project cost allowable as a deduction under Section 35AC, thereby raising the ceiling of project cost eligible for deduction for that specified project.
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