U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On –Mahavir Heart Research Foundation, Mumbai

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..... 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 Market, Sion (East), M .....

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..... mber 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 under sub-rule (5) of rule 11M of .....

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..... b) further amends the said notification number S.O.469(E), dated the 2nd 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, figures and words "Rs. 442.19 lakh&q .....

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