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

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..... , 1996 , issued under 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 5, Conduct eye operation, polio operation camps, oxygen cylinder seva and ambulance service all over Gujarat by Karuna Trust, 22, Gautam Nagar, Near Naranpura-Railway Crossing, Ahmedabad-13 , as an eligible project or scheme for a .....

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..... riod of three years ending with financial year 2015-16; And whereas by notification number S.O.539(E) dated the 20th June, 2001 the estimated cost was enhanced from ₹ 94.00 lakh to ₹ 128.00 lakh; vide notification number S.O.1307(E) dated 4th June, 2008 the estimated cost was enhanced further from ₹ 128.00 lakh to 153.00 lakh and whereas by notification number S.O. 3861(E) .....

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..... 43 of 1961), hereby amends the said notification number S.O. 92(E) dated the 2nd February, 1996 , to the following effect, namely:- 'In the said notification, in the Table against serial number (5), in column (4), relating to maximum amount of cost to be allowed as deduction under section 35AC, for the letters, figures and words Rs.200 lakh , the letters, figures and words Rs.470 lakh .....

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