Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for CRY Supported Development Project all over India by CRY (Child Relief and You) as an eligible project or scheme - Amendment in N. No S.O.388(E), dated the 19th May, 1997 - 015/2006- S.O. 146(E) - Income Tax
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Section 35AC eligibility expanded for CRY Supported Development Project, increasing the approved project cost cap. The Central Government specifies the CRY Supported Development Project by CRY (Child Relief and You) as an eligible scheme for deduction under Section 35AC and amends the earlier notification to substitute the previously stated maximum allowable project cost with a higher sanctioned amount, following the National Committee's recommendation to enhance the project cost.
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 eligibility expanded for CRY Supported Development Project, increasing the approved project cost cap.
The Central Government specifies the CRY Supported Development Project by CRY (Child Relief and You) as an eligible scheme for deduction under Section 35AC and amends the earlier notification to substitute the previously stated maximum allowable project cost with a higher sanctioned amount, following the National Committee's recommendation to enhance the project cost.
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