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Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Disability Reduction Project by Impact India Foundation as an eligible project or scheme - 163/2006 - Income Tax Act, 1961
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Section 35AC eligibility extended for Disability Reduction Project by Impact India Foundation, continuing tax-exempt designation under the scheme. The Central Government specifies that the Disability Reduction Project by Impact India Foundation remains an eligible project for exemption under Section 35AC, extending its designation for a further two-year period from the stated financial year and preserving the previously approved project cost without change, following a recommendation by the national committee that the project is being executed properly.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC eligibility extended for Disability Reduction Project by Impact India Foundation, continuing tax-exempt designation under the scheme.
The Central Government specifies that the Disability Reduction Project by Impact India Foundation remains an eligible project for exemption under Section 35AC, extending its designation for a further two-year period from the stated financial year and preserving the previously approved project cost without change, following a recommendation by the national committee that the project is being executed properly.
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