TMI BlogU/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Kanoria Seva Kendra, GujaratX X X X Extracts X X X X X X X X Extracts X X X X ..... nder 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 3, "Construction of extension building, purchase of equipments/instruments, mobile van, furnishing and running of Kanoria Hospital and Research Centre at Gandhi Nagar, Gujarat" by Kanoria Seva Kendra, 307, Abhijeet Net ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3-2010, the project cost was enhanced from ₹ 161.81 lakh to ₹ 381 lakh; And whereas the said project or scheme is likely to extend beyond twelve years; 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-ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he said notification number S.O. 366(E), dated the 10th April, 2000 read with notification number S.O 639(E) dated 22-3-2010, 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 35AC, for the letters, figures and words "Rs.381 lakh", the letters, figur ..... X X X X Extracts X X X X X X X X Extracts X X X X
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