Section 35AC eligible project extension for home for spastics secures continued tax-benefit eligibility for specified charitable expenditure. Notification extends the eligible project or scheme status under the Income-tax Act for the Handicapped Children's Parents Association's 'Construction, aids/application/equipments, vans, furnishing and running of Home for spastics' for a further three-year period beginning with financial year 2012-13, without any change to the approved project cost of Rs. 245.00 lakh including a corpus fund of Rs. 100.00 lakh.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Section 35AC eligible project extension for home for spastics secures continued tax-benefit eligibility for specified charitable expenditure.
Notification extends the eligible project or scheme status under the Income-tax Act for the Handicapped Children's Parents Association's "Construction, aids/application/equipments, vans, furnishing and running of Home for spastics" for a further three-year period beginning with financial year 2012-13, without any change to the approved project cost of Rs. 245.00 lakh including a corpus fund of Rs. 100.00 lakh.
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