Exemption under Section 35AC: notified project cost increased for organ harvesting network; exemption excludes Schedule VII CSR funds. Notification increases the maximum project cost allowed as deduction for the Multi Organ Harvesting and Sharing Network in India carried out by Mohan Foundation, following the National Committee's recommendation confirming proper execution. It further specifies that the tax exemption will not apply to funds received under Schedule VII of the Companies Act and the Companies (CSR) Rules.
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Exemption under Section 35AC: notified project cost increased for organ harvesting network; exemption excludes Schedule VII CSR funds.
Notification increases the maximum project cost allowed as deduction for the Multi Organ Harvesting and Sharing Network in India carried out by Mohan Foundation, following the National Committee's recommendation confirming proper execution. It further specifies that the tax exemption will not apply to funds received under Schedule VII of the Companies Act and the Companies (CSR) Rules.
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