Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Govt Approves Tax Deductions for 31 Projects u/s 35AC of Income-tax Act: Medical, Education, and More.</h1> The Central Government, under Section 35AC of the Income-tax Act, 1961, has approved various institutions and their projects for tax deductions based on recommendations from the National Committee for Promotion of Social and Economic Welfare. The notification lists 31 projects, detailing the institutions, project descriptions, estimated costs, and the maximum allowable deduction amounts for the financial years 2010-11 to 2012-13. Projects include medical relief, education, vocational training, and infrastructure development. The notification specifies the duration of approval for each project, with some lasting two years and others three years.