U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Sevalaya, Sevalaya Campus, Thiruninravur

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....f the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2033(E) dated 6th August, 2009, 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 notified at serial number 9, "Sevalaya old age home project" by "Sevalaya, Sevalaya Campus, Kasuva Village, Pakkam Post, Nea....

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.... further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for amending the project cost from Rs. 1.15 crore includes a corpus of Rs. 95 lakh and Rs. 19.86 lakh running expenditure to Rs. 3.00 crore including a corpus of Rs. 95 lakh; Now, therefore, the Central Government, in exercise of the powers conferred by sub- section (1) read with clause (b) of the Explanation t....