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U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Bellur Krishnamachar & Seshamma Smaraka Nidhi Trust, Bangalore

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.... notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.466(E) dated 29th March, 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, "Setting up and running of a school and a medical centre cum hospital, especially for SC/ST and other economic....

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....2.46 crore including a corpus fund of Rs. 15.00 crore to Rs. 41.46 crore including a corpus fund of Rs. 26.00 crore; 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 specifying the said projec....

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....r Krishnamachar & Seshamma Smaraka Nidhi Trust, No. 864, 25th Cross, 51st Main, I stage, Kumaraswamy layout, Bangalore -560078", as an eligible project or scheme, for a further period of three years commencing with financial year 2016-17 i.e. 2016-17, 2017-18 and 2018-19; (b) further amends the said notification number S.O. 466(E) dated 29th March, 2007, to the following effect, namely:- In ....