Eligible project status under section 35AC extended for Sense International's rehabilitation scheme, but CSR Schedule VII funds excluded. Notification designates Sense International's 'Comprehensive rehabilitation services for the deaf blind all over India' as an eligible project under section 35AC for a further three-year period commencing with financial year 2016-17, maintaining the approved project cost at ten crore rupees, and records the National Committee's recommendation. The notification expressly excludes funds received under Schedule VII of section 135 of the Companies Act and the Companies (CSR) Rules, 2014 from the section 35AC exemption.
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Provisions expressly mentioned in the judgment/order text.
Eligible project status under section 35AC extended for Sense International's rehabilitation scheme, but CSR Schedule VII funds excluded.
Notification designates Sense International's "Comprehensive rehabilitation services for the deaf blind all over India" as an eligible project under section 35AC for a further three-year period commencing with financial year 2016-17, maintaining the approved project cost at ten crore rupees, and records the National Committee's recommendation. The notification expressly excludes funds received under Schedule VII of section 135 of the Companies Act and the Companies (CSR) Rules, 2014 from the section 35AC exemption.
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