U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – ACIL Navasarjan Rural Development Foundation (ANARDE Foundation) Mumbai

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....f Finance (Department of Revenue) number S.O.373(E) dated the 19th March, 2004, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 6, "Socio-Economic development of rural areas through leveraging of resources income generation for poor, wasteland & management and networking and linkages" by "ACIL....

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.... estimated cost was enhanced from Rs. 10.00 crore to Rs. 13.04 crore; And whereas the said project or scheme is likely to extend beyond twelve years; 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, 1....