TaxTMI 
TaxTMI 
Explanation to section 35AC - Central Government on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby approves the institutions.
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.... clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof mentioned in column (3) of the said Table and also specifies in the column (4) of the Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC, namely:- TABLE Serial Number Name of the Institution Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. ....
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....7, 2007-08 and 2008-09, i.e., for three years only. 6. The Poona Blind Men's Association, 82, Rasta Peth, Pune 411 011, (Maharashtra). PBMA's Kantalaxmi Shah Eye Hospital, likely to cost ₹ 7.33 crore. ₹ 7.33 crore for financial years 2006-07, 2007-08 and 2008-09, i.e., for three years only. 7. Sri Sadguru Sai Shankar Trust, P.B. No.01. Prashanthi Nilaya, Ponnampet 571216, Kodagu district, (Karnataka). Drushti Foundation (service to blind). Sai Prema Kutira (orphanage). Anti AIDS awareness. Women/child Development Programme .Dwelling units. Afforestation. Natural Resources Management Programme, likely to cost ₹ 9.41 crore. ₹ 5.00 crore for financial years 2006-07, 2007-08 and 2008-0....
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....hi Comprehensive Development Project, likely to cost ₹ 90.00 crore. ₹ 7.5 crore for financial years 2006-07, 2007-08 and 2008-09, i.e., for three years only. 12 Tagore Society for Rural Development, 46B, Arabinda Sarani, Kolkata -700 005, (West Bengal). Integrated Community Development Programme, likely to cost ₹ 60.16 crore. ₹ 60.16 crore for financial years 2006-07, 2007-08 and 2008-09, i.e., for three years only. 13 Shanti Samaj Sevi Samiti,2/377, Khatrana Street, Farrukhabad -209625, (Uttar Pradesh). To provide health and employment opportunities, likely to cost ₹ 0.714 crore. ₹ 0.714 crore for financial years 2006-07, 2007-08 and 2008-09, i.e., for three years only. 14....