U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Shantilal Shanghavi Foundation, Maharashtra

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..... dated 06.10.2009 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 18, Treatment of Cancer, Kidney Failure (dialysis) and Eye diseases for Tribal by Shantilal Shanghavi Foundation, FP-145, Ram Mandir Road, Vile Parle (East), Mumbai-400 057, Maharashtra , as an eligible project or scheme, .....

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..... ikely to enhance from ₹ 24.77 crore to ₹ 69.15 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, 1962 for specifying the said project or scheme for a further period of two years, i. .....

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..... 6.3.2012 and S.O. 652(E) dated 12.3.2013 ), to the following effect, namely :- 'In the said notification, in the Table against serial number (3), 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. 24.77 crore , the letters, figures and words Rs. 69.15 crore , shall be substituted'. [F.NO.V.27 .....

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