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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SNS Foundation's Welfare Programs Extended for 3 Years, Project Cost Increased to Rs. 1000 Lakhs Under Section 35AC</h1> The Central Government has extended the eligibility of the SNS Foundation's welfare programs in health, education, and environment under section 35AC of the Income-tax Act, 1961, for an additional three years starting from the financial year 2007-08. The project, initially approved for three years beginning in 2004-05, has been recognized for its proper execution and is now authorized to increase its project cost from Rs. 810 lakhs to Rs. 1000 lakhs. This extension and cost enhancement were recommended by the National Committee for Promotion of Social and Economic Welfare.
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