U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - “Iskcon Food Relief Foundation, Mumbai

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....overnment of India in the Ministry of Finance (Department of Revenue) number S.O.1462 (E) dated 17th June, 2008 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 10, "Mid-day Meal Project" by the "Iskcon Food Relief Foundation, Hare Krishna Land, Juhu, Mumbai 400 049", as an eligible project at ....

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....ly, 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. However, the exemption u/s 35AC will not apply to the funds received under Schedule VII of the Section 135 of the Companies Act and Companies (CSR) Rules 2014; Now, therefore, the Central Government, in exercise of the powe....