U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – National Association for the Blind, New Delhi

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..... ted the 5th July, 2006 , 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 11, Construction of a home for the aged blind by National Association for the Blind, Sector-5, R.K. Puram, New Delhi - 110022 , as an eligible project or scheme for a period of three years .....

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..... 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 extending the said project or scheme for a further period of three years and amends the project cost i.e. enhancement in the Building fund from ₹ 3.00 cr .....

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..... mely :- In the said notification, in the Table against serial number 11, in column (4) maximum amount of cost to be allowed as deduction under section 35 AC of Income Tax Act, 1961 , for the letters, figures and word Rs.3.00 crore for infrastructure and prevention of blindness and ₹ 10.00 crore for corpus fund , the letters, figures and word Rs.7.00 crore for infrastructure and preve .....

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