U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Social Action for Manpower Creation (SAMPARC), Pune - S.O.1536 (E) - Income Tax
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35AC exemption extension: SAMPARC scheme renewed for further term, exemption expressly excludes funds under CSR Schedule VII. The Central Government renews recognition of the SAMPARC Pune scheme as an eligible project for the Section 35AC tax exemption for a further three-year period from financial year 2016-17 at the same approved cost of Rs. 13.19 crore, while explicitly excluding funds received under Schedule VII of the Companies Act and the Companies (CSR) Rules, 2014 from the exemption.
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35AC exemption extension: SAMPARC scheme renewed for further term, exemption expressly excludes funds under CSR Schedule VII.
The Central Government renews recognition of the SAMPARC Pune scheme as an eligible project for the Section 35AC tax exemption for a further three-year period from financial year 2016-17 at the same approved cost of Rs. 13.19 crore, while explicitly excluding funds received under Schedule VII of the Companies Act and the Companies (CSR) Rules, 2014 from the exemption.
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