U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On –Empathy Foundation, Mumbai

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....49 (E) dated 12.07.2010, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 26 "School Project (renovation, construction, major repairs of Zila Parishad/Municipal Corporation, NGO's and Gram Panchayat's school)" by "Empathy Foundation, 405, Krushal Commercial Co....

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....ecommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for amending the project cost from 'Rs.18.42 crore' to 'Rs.79 crore'; Now, therefore, the Central Government, in exercise of the powers conferred by subsection (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), - hereby amends the said notification number....