U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Sahyog Care for You, Paschim Vihar, New Delhi - S.O.1515 (E) - Income Tax Act, 1961
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Section 35AC exemption re specifies an eligible multi component welfare project while excluding CSR Schedule VII funds. The Central Government re notifies Sahyog Care for You's multi component project as eligible under the Explanation to section 35AC for three additional financial years beginning 2016 17, with the approved cost unchanged; project components include a Vocational Project for environmental hygiene and sanitation, an Adult Literacy Programme for women, Cre che Services and Educational Programme, and a Street and Working Children Education Project. The section 35AC exemption is not available for funds received under Schedule VII of the Companies Act and the Companies (CSR) Rules, 2014.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC exemption re specifies an eligible multi component welfare project while excluding CSR Schedule VII funds.
The Central Government re notifies Sahyog Care for You's multi component project as eligible under the Explanation to section 35AC for three additional financial years beginning 2016 17, with the approved cost unchanged; project components include a Vocational Project for environmental hygiene and sanitation, an Adult Literacy Programme for women, Cre che Services and Educational Programme, and a Street and Working Children Education Project. The section 35AC exemption is not available for funds received under Schedule VII of the Companies Act and the Companies (CSR) Rules, 2014.
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