Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for ASHRAYA-Running of Home/Rehabilitation Centre for Handicapped Female Children, Kerala by ASHRAYA - A Home/Rehabilitation Centre For physically handicapped female children as an eligible project or scheme - 107/2006 - Income Tax Act, 1961
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Tax exemption under section 35AC extended for ASHRAYA rehabilitation project, specified as eligible for a further period. The Central Government has re-specified ASHRAYA's home/rehabilitation centre for physically handicapped female children in Kollam, Kerala as an eligible project for exemption under section 35AC for a further three years commencing from the financial year 2005-2006, on the National Committee's recommendation that the scheme is being properly executed. The specification is confirmed without any change to the approved estimated cost of Rs.20.18 lakhs and implements the rule-based mechanism for extending eligibility of social welfare projects.
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Tax exemption under section 35AC extended for ASHRAYA rehabilitation project, specified as eligible for a further period.
The Central Government has re-specified ASHRAYA's home/rehabilitation centre for physically handicapped female children in Kollam, Kerala as an eligible project for exemption under section 35AC for a further three years commencing from the financial year 2005-2006, on the National Committee's recommendation that the scheme is being properly executed. The specification is confirmed without any change to the approved estimated cost of Rs.20.18 lakhs and implements the rule-based mechanism for extending eligibility of social welfare projects.
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