Exemption u/s 35AC - of the Income-tax Act, 1961, the Central Government had specified for Running of free medical aid services at NOIDA by Kailash Charitable Trust as an eligible project or scheme

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..... for Running of free medical aid services at NOIDA by Kailash Charitable Trust as an eligible project or scheme Notification No. 19/2007[F.No.NC-274/03/2007], dated 16-7-2007 SO. 1163(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O. 973(E) dated the 14th December, 1995, issued under sub-section (1) read with clause .....

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..... e years beginning with financial year 2005-06; And whereas by notification number S.O. 212(E) dated the 16th March, 1998 the estimated cost was amended from ₹ 40.00 lakhs to ₹ 75.00 lakhs; And whereas the said project or scheme is likely to extend beyond twelve years; And whereas the National Committee for Promotion of Social and Economic Welfare, being satisfied that the said .....

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..... tification, in the Table against serial number 13, in column (4) relating to maximum amount of cost to be allowed as deduction under section 35AC, for the letters, figures and word ₹ 75.00 lakhs, the letters, figures and word ₹ 1.50 crores shall be substituted. - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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