U/s 35 AC Income Tax Act – Amendments in Notification No. S.O.713 (E) dated 8th August 1995 - S.O.188 (E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 10287 New Delhi, the 12 th March, 1997 S.O.188 (E) .-In exercise of the powers conferred by clause (b) of Explanation to Section 35 AC of the Income-tax Act, 1961, (43 of 1961) , the Central Government on the recommendations of the National Committee, hereby amends the notification of Government of India, Ministry of Finance, (Department of Revenue) S.O. 713(E) dated 8 th August 1995 , namely:- In the said notification, in the Table, against serial number 4 relating to Sports Coaching Foundation, Hyderabad, in column (4) relating to the maximum amount of cost to be allowed as deduction under Section 35AC , for words and figures Rs. 27.86 lakhs , the words and figures Rs. 42.86 lakhs shall be substituted. [F. No. NC-15/97] V.K. SEHGAL, Dy. Secy,