U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Sri Sathya Sai Central Trust, Anantapur, Andhra Pradesh - S.O.1507 (E) - Income Tax
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Section 35AC eligible project notification extends eligibility, raises project cost and corpus, and excludes CSR Schedule VII funds. Notification designates the Sri Sathya Sai Central Trust's running and maintenance of specified medical institutes, mobile hospital operations, and corpus-fund building as an eligible project for tax-deduction purposes for three further financial years beginning 2016-17, increases the approved project cost and corpus fund ceiling, and excludes funds received under Schedule VII of the Companies Act and Companies (CSR) Rules from the deduction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Section 35AC eligible project notification extends eligibility, raises project cost and corpus, and excludes CSR Schedule VII funds.
Notification designates the Sri Sathya Sai Central Trust's running and maintenance of specified medical institutes, mobile hospital operations, and corpus-fund building as an eligible project for tax-deduction purposes for three further financial years beginning 2016-17, increases the approved project cost and corpus fund ceiling, and excludes funds received under Schedule VII of the Companies Act and Companies (CSR) Rules from the deduction.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.