Section 35AC, read with Explanation (b) thereto, of the Income-tax Act, 1961 - Eligible projects or schemes, expenditure on - Akshayapatra Foundation, Bangalore

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..... the Income-tax Act, 1961 - Eligible projects or schemes, expenditure on - Akshayapatra Foundation, Bangalore S.O. 481(E)- Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 1237(E), dated the 28th October, 2003, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 ( .....

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..... n number S.O.856(E), dated 25th March, 2009 the estimated cost was enhanced from 100 crore to 200 crore; And whereas the said project or scheme is likely to extend beyond nine years; And, whereas, the National Committee for the 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 .....

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..... ends the said notification number S.O. 1237(E), dated the 28th October, 2003, to the following effect, namely :- In the said notification, in the Table against serial number 3, in column (4) relating to maximum amount of cost to be allowed as deduction under section 35AC , for the letters, figures and word ₹ 200.00 crore , the letters, figures and word ₹ 400.00 crore shall be .....

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