Notification u/s 35AC - Notifies the various schemes or projects which is being carried out by "Sri Sathya Sai Central Trust, Prashanthi Nilayam-515 134, Anantapur Distt., Andhra Pradesh"

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..... rnment of India in the Ministry of Finance (Department of Revenue) number SO. 466(E), dated 29th March, 2007 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 21 "Running and maintenance of Sri Sathya Sai Institute of Higher Medical Sciences at Prasanthigram (Andhra Pradesh), running and mai .....

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..... liabilities as on 30-11-2010 to "Sri Sathya Sai Central Trust". And whereas the said project or scheme is likely to extend beyond 6 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 s .....

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..... e, for a further period of three years commencing with financial year 2013-14 i.e., 2013-14, 2014-15 2015-16. (b) further amends the said notification number S.O. 466(E), dated 29-3-2007, to the following effect, namely :- In the said notification, in the Table against serial number 21 in column (4), relating to maximum amount of cost to be allowed as deduction under section 35AC of Incom .....

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