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U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Helpage India, New Delhi

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..... 2006 , 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 16, Building a general corpus fund for Helpage India's work by 'Helpage India', C-14, Qutab Institutional Area, New Delhi - 110016, as an eligible project or scheme for a period of three years beginning with financial ye .....

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..... fund to ₹ 100.00 crore as corpus fund; 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 extending the said project or scheme for a further period of three years and amending the proje .....

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..... r 16, 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. 50 crore as corpus fund , the letters, figures and word Rs. 100 crore as corpus fund shall be substituted. [F.NO.V.27015/1/2015-SO(NAT.COM)] - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementi .....

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