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TMI BlogNotification u/s 35AC- Notifies the scheme or project for Running of Founding-cum-adoption center for orphaned and destitute children and abandoned babies at Raja Krishna Rao Road, Teynampet, ChennaiX X X X Extracts X X X X X X X X Extracts X X X X ..... t of India in the Ministry of Finance (Department of Revenue) number S.O. 832(E) dated the 18th September, 1998, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) , the Central Government had specified at serial number 7, for Running of Founding-cum-adoption center for orphaned and destitute children and abandoned babi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2010 for a period of three years beginning with financial year 2010-11; And whereas vide notification number S.O.287(E) dated the 28th March, 2001 , the estimated cost was amended from ₹ 60.00 lakhs as corpus fund to 1 [ ₹ 20.00 lakhs plus a corpus fund of ₹ 40.00 lakhs ] and vide notification number S O. 1118(E) dated the 24th October, 2002 the estimated cost was amen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for extending the said project or scheme for a further period of three years and amending the project cost of ₹ 120 lakh including a corpus fund of ₹ 40 lakh to ₹ 150 lakh; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Expl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r section 35AC of Income-tax Act, 1961 for the letters, figures and words '₹ 120 lakh including a corpus fund of ₹ 40 lakh' the letters, figures and words '₹ 150 lakh' shall be substituted . [F.NO. V- 27015/4/2012-SO(NAT.COM)] ****** *** Notes 1. Corrected vide NOTIFICATION NO. 170, DATED 5-7-2006 before it was read as ..... X X X X Extracts X X X X X X X X Extracts X X X X
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