Deduction under section 35AC revised to increase allowable cost for a specified project in government notification The Central Government, exercising powers under sub section (1) read with clause (b) of the Explanation to section 35AC and on the National Committee's recommendation, amends the notification S. O. 743(E) by substituting a higher amount in the Table entry for Jindal Aluminium Limited, Bangalore, replacing the earlier maximum cost permitted as deduction with the newly stated maximum in the notification dated 14 12 1995.
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Deduction under section 35AC revised to increase allowable cost for a specified project in government notification
The Central Government, exercising powers under sub section (1) read with clause (b) of the Explanation to section 35AC and on the National Committee's recommendation, amends the notification S. O. 743(E) by substituting a higher amount in the Table entry for Jindal Aluminium Limited, Bangalore, replacing the earlier maximum cost permitted as deduction with the newly stated maximum in the notification dated 14 12 1995.
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