Exemption u/s 35AC - Central Government had specified for Construction, purchase of equipments and running of school at Gujarat by Mata Lachmi Rotary Charitable Society as an eligible project or scheme - Amendment in N. No. S.O. 698(E) dated the 3rd October, 1997

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..... d specified for Construction, purchase of equipments and running of school at Gujarat by Mata Lachmi Rotary Charitable Society as an eligible project or scheme - Amendment in N. No. S.O. 698(E) dated the 3rd October, 1997 Notification No. 17 of 2003, dt. 22nd Jan., 2003 S.O. 61(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) n .....

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..... th Sept., 2001; And whereas the said project or scheme is likely to extend beyond six years; And whereas, the National Committee, being satisfied that the 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 specifying the said project or scheme for further amending the project cost (corpus fund) from &# .....

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..... ber 2, in column (4) relating to maximum amount of cost to be allowed as deduction under section 35AC, for the words, letters and figures corpus fund of ₹ 15.00 lakhs the words, letters and figures corpus fund of ₹ 24.28 lakhs shall be substituted. [F. No. NC-142/2002] - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - .....

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