Exemption u/s 35AC - Central Govt. had specified for Construction of a school building, and running of SOS Children's Villages at Tambaram East, Chennai. Tamil Nadu, by SOS Children's Villages of India as an eligible project or scheme - 191/2004- S.O.793(E) - Income Tax Act, 1961
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Section 35AC exemption extended for SOS Children's Villages project, prolonging eligible status and tax benefit. The Central Government, acting under the Explanation to Section 35AC and following a recommendation by the National Committee for Promotion of Social and Economic Welfare, specifies the construction of a school building and running of SOS Children's Villages at Tambaram East, Chennai by SOS Children's Villages of India as an eligible project for a further three-year period commencing with financial year 2004-2005, with no change to the approved 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 exemption extended for SOS Children's Villages project, prolonging eligible status and tax benefit.
The Central Government, acting under the Explanation to Section 35AC and following a recommendation by the National Committee for Promotion of Social and Economic Welfare, specifies the construction of a school building and running of SOS Children's Villages at Tambaram East, Chennai by SOS Children's Villages of India as an eligible project for a further three-year period commencing with financial year 2004-2005, with no change to the approved cost.
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