Notification Under Section 35AC in respect of Friends of the Tribal Society, 19- Ganga Prasad Mukherjee Road, Kolkatta. - 64/2011 - Income Tax Act, 1961
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Section 35AC eligibility extended for One Teacher School literacy project, with increased maximum deductible project cost. The Central Government specifies the literacy project of running 2,890 One Teacher Schools by Friends of the Tribal Society as an eligible project for a further three-year period commencing 2011-12 and, on the National Committee's recommendation, amends the prior notification to substitute the earlier sanctioned maximum project cost with a higher revised project cost for the purpose of allowable deduction under the income-tax provision.
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Section 35AC eligibility extended for One Teacher School literacy project, with increased maximum deductible project cost.
The Central Government specifies the literacy project of running 2,890 One Teacher Schools by Friends of the Tribal Society as an eligible project for a further three-year period commencing 2011-12 and, on the National Committee's recommendation, amends the prior notification to substitute the earlier sanctioned maximum project cost with a higher revised project cost for the purpose of allowable deduction under the income-tax provision.
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