U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On –Bhansali Trust, Mumbai

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..... b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 6, "Integrated Rural Development Project" by "Bhansali Trust, 640-646, Panchratna Mama Parmanand Marg, Mumbai-400004", as an eligible project or scheme, at the estimated cost of ₹ 12.75 crore, for a period of three years beginning with asses .....

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..... ct or scheme is likely to extend beyond eleven years; And whereas the project cost is likely to enhance from ₹ 32.14 crore to ₹ 45.24 crore; 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 further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 19 .....

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