U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Sevalaya, Kasuva, Tamil Nadu

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.... India in the Ministry of Finance (Department of Revenue) number S.O. 1145(E) dated the 16th July, 2007, 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 3, "Sevalaya School expenses project to meet the running expenses of the school and to build corpus fund" by "Sevalaya, Kasuva Village, Pakka....

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....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 for amending the project cost from Rs. 4.00 crore including a corpus fund of Rs. 3.00 crore to Rs. 10.00 crore including a corpus fund of Rs. 3.00 crore. However, the exemption ....