U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Mata Amritanandamayi Charitable Trust, Amritapuri P.O., Kollam District, Kerala - 94/2012 - Income Tax Act, 1961
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Eligible project designation extended for Amrita Kuteeram housing scheme, allowing continued prescribed expenditure benefit for three financial years. Central Government notifies continuation of the Amrita Kuteeram housing project by Mata Amritanandamayi Charitable Trust as an eligible project for tax-deduction purposes for a further three financial years beginning 2012 13, retaining the previously approved project cost of Rs. 300.00 crore. The extension follows the National Committee's recommendation under the Income-tax Rules that the project is properly executed and likely to extend beyond fifteen years, and continues prior notifications and cost enhancements made in earlier extensions.
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Provisions expressly mentioned in the judgment/order text.
Eligible project designation extended for Amrita Kuteeram housing scheme, allowing continued prescribed expenditure benefit for three financial years.
Central Government notifies continuation of the Amrita Kuteeram housing project by Mata Amritanandamayi Charitable Trust as an eligible project for tax-deduction purposes for a further three financial years beginning 2012 13, retaining the previously approved project cost of Rs. 300.00 crore. The extension follows the National Committee's recommendation under the Income-tax Rules that the project is properly executed and likely to extend beyond fifteen years, and continues prior notifications and cost enhancements made in earlier extensions.
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