Exemption u/s 35AC - Central Govt. has specified for the purchase of equipments and running of socio-economic promotion of cerebral palsied children Pune by 'Savali' (Association for Mentally Retarded and Cerebral Patsy Children) as an eligible project or scheme - 150/2004 - Income Tax
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Tax exemption under section 35AC specified for Savali's cerebral palsy socio economic project, permitting continued eligibility for funding. Central Government specified that Savali's project for purchase of equipment and running socio economic promotion services for cerebral palsied children and adults at Kothrud, Pune, including education, institutional care, training and vocational guidance, qualifies as an eligible project under the tax exemption provision; the specification followed a committee recommendation and extends the project's eligible period for a further three years, subject to compliance with the governing rules.
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.
Tax exemption under section 35AC specified for Savali's cerebral palsy socio economic project, permitting continued eligibility for funding.
Central Government specified that Savali's project for purchase of equipment and running socio economic promotion services for cerebral palsied children and adults at Kothrud, Pune, including education, institutional care, training and vocational guidance, qualifies as an eligible project under the tax exemption provision; the specification followed a committee recommendation and extends the project's eligible period for a further three years, subject to compliance with the governing rules.
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