Notification Under Section 35AC in respect of National Association for the Blind, 11, Khan Abdul Gaffar Khan Road, Worli Seaface, Mumbai. - 68/2011 - Income Tax Act, 1961
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Section 35AC notification extends charitable project eligibility and raises the permissible project cost cap for deductions. The Central Government, invoking the Explanation to section 35AC, extends the National Association for the Blind project's eligibility for deductible contributions for three additional financial years beginning 2011-12 and amends the prior notification to increase the maximum project cost permitted for deduction by substituting the earlier notified cost figure with a higher amount.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC notification extends charitable project eligibility and raises the permissible project cost cap for deductions.
The Central Government, invoking the Explanation to section 35AC, extends the National Association for the Blind project's eligibility for deductible contributions for three additional financial years beginning 2011-12 and amends the prior notification to increase the maximum project cost permitted for deduction by substituting the earlier notified cost figure with a higher amount.
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