U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Helpage India, New Delhi

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....use (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 16, "Building a general corpus fund for Helpage India's work" by 'Helpage India', C-14, Qutab Institutional Area, New Delhi - 110016, as an eligible project or scheme for a period of three years beginning with financial year 2006-2007; whic....

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.... corpus fund; And whereas the National Committee for Promotion of Social and Economic Welfare, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for extending the said project or scheme for a further period of three years and amending the project cost from ₹ 50 crore as corpu....