Section 35AC eligibility extended for Navjeevan charitable project for a further three-year period with increased cost cap. The Central Government, under section 35AC, extends notification of Navjeevan Charitable Trust's Shree Navjevan project as an eligible project or scheme for three further financial years commencing 2011-12, based on the National Committee's recommendation that the project is properly executed and likely to continue. The amendment updates the trust's address and increases the maximum approved project cost in the earlier notification to permit a larger deduction under the Income-tax Act; a corrigendum corrects the address formatting.
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Section 35AC eligibility extended for Navjeevan charitable project for a further three-year period with increased cost cap.
The Central Government, under section 35AC, extends notification of Navjeevan Charitable Trust's Shree Navjevan project as an eligible project or scheme for three further financial years commencing 2011-12, based on the National Committee's recommendation that the project is properly executed and likely to continue. The amendment updates the trust's address and increases the maximum approved project cost in the earlier notification to permit a larger deduction under the Income-tax Act; a corrigendum corrects the address formatting.
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