U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Social Action for Manpower Creation (SAMPARC), Pune
X X X X Extracts X X X X
X X X X Extracts X X X X
....n of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1253(E) dated 16.05.2013 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 7, "(1) Promotion and development of sports training centre for orphan, poor, needy & tribal children of SAMPARC project area. (2....
X X X X Extracts X X X X
X X X X Extracts X X X X
....heme is likely to extend beyond 3 years; 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 project or scheme for a further period of three years. However, the exemption u/s 35....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... children (7) Raising corpus fund for making the organization self-sustain (8) Educational sponsorship for the poor needy rural and destitute 950 children", which is being carried out by "Social Action for Manpower Creation (SAMPARC), 9, Varad Apartment, Plot No. 292, S.No. 37-45, Yashwant Nagar, Talegaon Dabhade Station, Pune - 410 507", as an eligible project or scheme for a further period of th....
TaxTMI