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U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On –Sankara Eye Hospital, Tamilnadu

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..... tober, 2008 , 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 notified at serial number 4, ''Kannoli - Vision Saver by ''Sankara Eye Hospital, No.1, Third Cross Street, Sri Sankara Nagar, Pammal, Kanchipuram district, Chennai 600075, Tamilnadu , as an eligible project or s .....

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..... x Rules, 1962 for extending the said project or scheme for a further period of three years and amending the project cost from 'Rs. 12.25 crore including a corpus fund of ₹ 10 crore' to 'Rs. 20 crore including a corpus fund of ₹ 15 crore' and also extension of area of work to the State of Odisha; Now, therefore, the Central Government, in exercise of the powers confe .....

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..... Vision Saver , and in column (4), relating to maximum amount of cost to be allowed as deduction under section 35 AC , for the letters, figures and words ''Rs. 12.25 crore including a corpus fund of ₹ 10 crore'', the letters, figures and words ''Rs. 20 crore including a corpus fund of ₹ 15 crore shall be substituted. [F.NO.V.27015/3/2014-SO(NAT.COM)] .....

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