Under Section 35AC, IT Act, 1961 - Eligible projects or schemes, expenditure on - "Welfare programmes in the field of Health, education, environment etc." by SNS Foundation, 1, Sri Aurobindo Marg, New Delhi

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..... mmes in the field of Health, education, environment etc." by SNS Foundation, 1, Sri Aurobindo Marg, New Delhi Notification No. 127/2011 Dated 27-12-2011 S.O. 2888(E),- Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 461(E), dated the 5th April, 2004, issued under sub-section (1) read with clause (b) of the Explanatio .....

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..... h to Rs. 1000.00 lakh. The project cost was further enhanced from Rs. 10 crore to Rs. 16.5 crore vide S.O. No. 248(E), dated the 21st January, 2009. And whereas the said project or scheme is likely to extend beyond nine years; And whereas the National Committee for Promotion of Social and Economic Welfare, being satisfied that the said project or scheme is being executed properly, made a fur .....

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..... serial number 8, in column (4), relating to maximum amount of cost to be allowed as deduction under section 35AC of Income Tax Act, 1961 for the letters, figures and word "Rs. 16.5 crore" the letters, figures and word "Rs. 20 crore" shall be substituted. [F.No.V-27015/5/2011-SO (NAT.COM)] - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com .....

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