U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Jankidevi Bajaj Gram Vikas Sanstha, Pune

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....partment of Revenue) number S.O.878(E) dated the 30th November, 1992, 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 3, "Integrated Rural Development Project" by "Jankidevi Bajaj Gram Vikas Sanstha, C/o Samaj Seva Kendra, Survey No.4272, Behind Akurdi Post Office, Ak....

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....ification number S.O.2400(E) dated the 3rd October, 2008 for a period of two years beginning with financial year 2008-09 to give the applicant time to spend the already collected amount u/s. 35AC without raising further amount during the period; the period was further extended vide notification S.O. No 644(E) dated 22nd March, 2010 for further three years beginning with financial year 2010-11 and ....

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....77; 182.72 lakh to ₹ 298.60 lakh; vide notification number S.O.789(E) dated the 5th July, 2004 the estimated cost was further enhanced from ₹ 298.60 lakh to ₹ 704.14 lakh; vide notification number S.O.No.2604(E) dated 14.10.2009 the project cost was further enhanced from ₹ 704.14 lakh to ₹ 821.80 lakh, vide notification S.O. No 644(E) dated 22nd March, 2010 the estima....

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....y, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years and for amending the project cost from ₹ 2971.80 lakh to ₹ 7971.80 lakh and also extension of area of work in all the states of Union of India. However, the exemption u/s 35AC will not apply to the funds received und....