Notification Under Section 35AC in respect of Bangalore Hospice Trust, C/o Indian Cancer Society, New Thippasaudra Main Road, HAL, 3rd Stage, Bangalore. - 093/2011 - Income Tax Act, 1961
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Tax deduction notification extends hospice project period and raises the ceiling on eligible project cost for deductions. The Central Government, under the Explanation to section 35AC, extends notification of the Bangalore Hospice Trust project for three additional financial years commencing 2011-12, and amends the previously notified maximum project cost by substituting the earlier ceiling with an enhanced project cost, thereby updating the amount eligible for deduction under section 35AC and superseding prior notifications.
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Tax deduction notification extends hospice project period and raises the ceiling on eligible project cost for deductions.
The Central Government, under the Explanation to section 35AC, extends notification of the Bangalore Hospice Trust project for three additional financial years commencing 2011-12, and amends the previously notified maximum project cost by substituting the earlier ceiling with an enhanced project cost, thereby updating the amount eligible for deduction under section 35AC and superseding prior notifications.
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