TMI BlogThe Central Government approved various Institution u/s 35AC of the Income-tax Act, 1961X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. No.Name of the Institution Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC 1. Bongaigaon Refinery and Petrochemicals limited, P.O. Dhaligaon District Bongaigaon, Assam-783385 Welfare schemes ₹ 85.00 lakhs for Assessment Years 2003-2004, i.e.for three years only. 2. Puj Shri Nemichand Kesharchand Manot CharitableTrust, Hirkesh ,Behind Dist. Co.-op Bank Ltd., Station R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fice room, purchase of equipments, motorcycle, projector, slides, tape recorder, Agro inputs and running expenses), Diamond Harbour, II Block, 24-Parganas (South), West Bengal. ₹ 6.00 lakhs for Assessment Years 2003-2004 and 2004-2005 i.e. for two years only 6. Ashurali Vivekananda Smriti Sangha, Village Ashurali, P.O. Sadhurhat, District 24 Parganas (South), West Bengal Purchase of tape recorders, cassettes, instructional aids, paddy, chicks, 2 rickshaw vans, teaching aid, fuel, feed and vaccine etc.and running of self-sustainable inter supportive women and child development programme in two villages.Diamond Harbour, II Block, 24-Parganas (South), West Bengal. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ₹ 37.42 lakhs for Assessment Years 2003-2004, 2004-2005 and 2005-2006 i.e. for three years only. 11. Shraddha Rehabilitation Foundation. Garnet, Behind Shanti Ashram, Borivili (W), Mumbai-400003. Shraddha Rehabilitation Foundation-Centre for mentally ill destitutre. Garnet, Behind Shanti Ashram, Borivili (W), Mumbai-400 003. 1 [ ₹ 150.00 lakhs ] for Assessment Years 2003-2004, 2004-2005 and 2005-2006 i.e. for three years only 2. This notification shall remain in force for a period of one year in relation to assessment years 2003-2004 in respect of projects or schemes mentioned at serial number 1 and for a period of two years in relation to as ..... X X X X Extracts X X X X X X X X Extracts X X X X
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