Exemption u/s 35AC of the Income tax act 1961, the central govt. had specified for 'Enhancing socio-economic status of Disabled at Ahmednagar District, Maharashtra' by National Society for Equal Opportunities for the Handicapped India as an eligible project or scheme - S.O. 1467(E) - Income Tax Act, 1961
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Exemption under section 35AC: eligible disability empowerment project's tax-exempt status extended for a further three-year period. The Central Government notifies the scheme Enhancing socio-economic status of Disabled at Ahmednagar District, Maharashtra by NASEOH as an eligible project for tax exemption under section 35AC and, on committee recommendation and satisfaction with execution, extends that eligibility for a further three years from financial year 2008-09 without changing the previously approved project cost and corpus fund.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC: eligible disability empowerment project's tax-exempt status extended for a further three-year period.
The Central Government notifies the scheme Enhancing socio-economic status of Disabled at Ahmednagar District, Maharashtra by NASEOH as an eligible project for tax exemption under section 35AC and, on committee recommendation and satisfaction with execution, extends that eligibility for a further three years from financial year 2008-09 without changing the previously approved project cost and corpus fund.
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