Section 35AC eligibility expanded for a Shri Vedmata Gayatri Trust project; project cost ceiling increased and period extended. Notification under Section 35AC designates the Shri Vedmata Gayatri Trust project at Shantikunj, Haridwar as an eligible scheme for a three-year period beginning with financial year 2011-12, covering construction, equipment purchase and programmes in healthcare and education, and amends the previously notified project cost upward while preserving the specified corpus fund amount for the purposes of deduction under the Income-tax Act.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC eligibility expanded for a Shri Vedmata Gayatri Trust project; project cost ceiling increased and period extended.
Notification under Section 35AC designates the Shri Vedmata Gayatri Trust project at Shantikunj, Haridwar as an eligible scheme for a three-year period beginning with financial year 2011-12, covering construction, equipment purchase and programmes in healthcare and education, and amends the previously notified project cost upward while preserving the specified corpus fund amount for the purposes of deduction under the Income-tax Act.
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