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U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Mohan Foundation, Anna Nagar, Chennai

Income Tax - S.O.1534 (E) - Dated:- 26-4-2016 - MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 51/2016 New Delhi, the 26th April, 2016 S.O.1534 (E).- Whereas by notification of the Government of India in the Ministry of Finance (Departm .....

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k in India by Mohan Foundation A-81, Anna Nagar, Chennai - 600 102 , as an eligible project or scheme, at the estimated cost of ₹ 1.97 crore, for a period of three years ending with financial year 2007-08, which was further extended vide notifi .....

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-14 and which was further extended vide notification number S.O.1944(E) dated 31.7.2014 for a period of three years ending with financial year 2016-17; And whereas the project cost is likely to enhance from ₹ 1.97 crore to ₹ 5.00 crore; A .....

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amending the project cost from ₹ 1.97 crore to ₹ 5.00 crore. However, the exemption u/s 35AC will not apply to the funds received under Schedule VII of the Section 135 of the Companies Act and Companies (CSR) Rules 2014; Now, therefore, .....

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