TMI BlogU/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On –Mahavir Heart Research Foundation, MumbaiX X X X Extracts X X X X X X X X Extracts X X X X ..... ated the 2nd July, 1996 , 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 8, (a) Detection, Prevention Reaseach and Education; (b) Diagnosis, curing and operation to Heart patients; (c) Maintaining of Atithi Griha by Mahavir Heart Research Foundation, Avanti Apartments, Behind Gandhi Mar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ther vide notification number 1076(E) dated 14.05.2012 for a period of three years ending with financial year 2013-14. And whereas, the said project or scheme is likely to extend beyond eighteen 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 un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... i.e. 2014-15, 2015-16 and 2016-17 (b) further amends the said notification number S.O.469(E), dated the 2 nd July, 1996 , to the following effect, namely :- In the said notification, in the Table against serial number 8, in column (4), relating to maximum amount of cost to be allowed as deduction under section 35AC , for the letters, figures and words Rs. 315.85 lakh , the letters, fi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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