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

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....e Government 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 for Uttar Pradesh" by "Iskcon Food Relief Foundation, Hare Krishna Land, Juhu, Mumbai 400 049", as an el....

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....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 powers conferred by sub- section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), (a) hereby notifies the scheme or project "....