Exemption u/s 35AC - Central Govt. specified various Institution as an eligible project or scheme

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..... st thereof as mentioned in column (3) of the said Table and also specifies in column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC, namely : TABLE Sl. N Name of the Institution Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. Shri Gayatri Vikas Mandal. Post Mandva, Taluk Ankleshwar. District Bharuh, Gujarat 393001 Construction of extension building for school, Administrat .....

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..... 6- 2007 i.e. for three years only. However, the approval would be subject to the condition that fifty per cent of supply of its products will be free of charge for the benefits of economically weaker sections of the society, that the company will maintain separate accounts for receipts and expenses under section 35AC including income out of corpus fund. that the company will not use corpus or income there from for acquisition of capital assets, for repayment of term loans or interest thereon and finally that transfer of shares in the company will be done only after prior approval by the committee. 5. Rashtrotthana Parishat, Keshava Shilpa, Kempegowada Nagar. Bangalore - 560019, Karnataka .....

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..... Academy to Indian Dream Team. ₹ 300.00 lakhs for Assessment Years 2004-2005, i.e. for one year only. 2. This notification shall remain in force for a period of one year in relation to assessment year 2004-2005 in respect of project or scheme mentioned at serial number 8 and for a period of two years in relation to assessment years 2004-2005 and 2005-2006 in respect of projects or schemes mentioned at serial numbers 5 and 7 for a period of three years in relation to assessment years 2004-2005, 2005-2006 and 2006-2007 in respect of projects or schemes mentioned at serial number 1,2,3,4 and 6 of the said Table. [F. No. NC-53-2003] - Notification Tax Management India - taxmanagementindia - .....

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