TMI BlogU/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Sense International (India), AhmedabadX X X X Extracts X X X X X X X X Extracts X X X X ..... the Ministry of Finance (Department of Revenue) number S.O.1045(E) dated the 18th October, 2001 , issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) , the Central Government had specified at serial number 5, for Comprehensive rehabilitation services for the deaf blind all over India by Sense International (India), 405 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ding with financial year 2015-16; And whereas by notification number 3150 (E) dated 17th October, 2013 , the estimated cost was enhanced from ₹ 2.00 croreto ₹ 10.00 crore; And whereas the said project or scheme is likely to extend beyond fifteen years; And whereas the National Committee for Promotion of Social and Economic Welfare, being satisfied that the said project or sch ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ier s Loyola School, Memnagar, Ahmedabad- 380015 , as an eligible project or scheme for a further period of three years without any change in the approved cost of ₹ 10.00 crore commencing with the financial year 2016-17 i.e. 2016-17, 2017-18 and 2018-19; (b). The exemption u/s 35AC will not apply to the funds received under Schedule VII of the Section 135 of the Companies Act and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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