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Notification Under Section 35AC in respect of SEWA-Rural (Society for Education, Welfare and Action-Rural), At & Post Office Jhagadia, District Bharuch. - 63/2011 - Income Tax Act, 1961
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Section 35AC notification extends eligible rural development scheme and increases allowable project cost and corpus fund. Notification under Section 35AC extends SEWA Rural's Integrated Rural Development project as an eligible scheme for deduction for a further three years commencing financial year 2011 12, and amends the previously notified maximum project cost and corpus fund by substituting the earlier figures with increased amounts following the National Committee's recommendation under the Income tax Rules.
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Section 35AC notification extends eligible rural development scheme and increases allowable project cost and corpus fund.
Notification under Section 35AC extends SEWA Rural's Integrated Rural Development project as an eligible scheme for deduction for a further three years commencing financial year 2011 12, and amends the previously notified maximum project cost and corpus fund by substituting the earlier figures with increased amounts following the National Committee's recommendation under the Income tax Rules.
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