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    <description>Notification under Section 35AC designates thirty-five specified institutions and approves particular projects or schemes recommended by the National Committee for Promotion of Social and Economic Welfare, identifying estimated project costs and the maximum amounts allowable as deductions. Approval is limited to a three year period commencing with the financial year 2014-15; deductibility under Section 35AC is available only for payments to the notified institutions for the approved projects up to the specified ceilings during that period.</description>
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      <description>Notification under Section 35AC designates thirty-five specified institutions and approves particular projects or schemes recommended by the National Committee for Promotion of Social and Economic Welfare, identifying estimated project costs and the maximum amounts allowable as deductions. Approval is limited to a three year period commencing with the financial year 2014-15; deductibility under Section 35AC is available only for payments to the notified institutions for the approved projects up to the specified ceilings during that period.</description>
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