TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Sterlite Foundation's vocational training project expanded to 386 centers; revised cost Rs. 2,193.62 lakhs under Section 35AC.</h1> The Central Government has amended Notification No. S.O. 54(E) regarding the Sterlite Foundation's project for setting up vocational training centers. Initially approved for 45 centers with an estimated cost of Rs. 1,201.60 lakhs, the project is now extended to 386 centers with a revised cost of Rs. 2,193.62 lakhs, including a corpus fund of Rs. 1,063.00 lakhs. This amendment, under section 35AC of the Income-tax Act, reflects the project's successful execution and anticipated extension beyond six years. The amendment allows for increased tax deductions corresponding to the updated project costs.
TaxTMI 
TaxTMI 
