Exemption Under Section 35AC(1) Running of Founding-cum-adoption centre for orphaned and destitute children and abandoned babies at Raja Krishna Rao Road, Teynampet, Chennai by Kama Prayag Trust - 75/2010 [F. NO. V-27015/3/2010-SO(NAT.COM)]/S.O. 2521(E) - Income Tax Act, 1961
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Exemption under Income-tax Act: eligible orphanage project specified and extended for a further three-year period. The Central Government specifies the Kama Prayag Trust founding-cum-adoption centre project in Teynampet as an eligible project for Income-tax exemption for a further three-year period commencing from financial year 2010-11, without any change in the previously approved project cost including the corpus fund, following recommendation by the National Committee which was satisfied with the project's execution.
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Provisions expressly mentioned in the judgment/order text.
Exemption under Income-tax Act: eligible orphanage project specified and extended for a further three-year period.
The Central Government specifies the Kama Prayag Trust founding-cum-adoption centre project in Teynampet as an eligible project for Income-tax exemption for a further three-year period commencing from financial year 2010-11, without any change in the previously approved project cost including the corpus fund, following recommendation by the National Committee which was satisfied with the project's execution.
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