TMI BlogU/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Friends of the Tribal Society, KolkattaX X X X Extracts X X X X X X X X Extracts X X X X ..... .901(E) dated the 20 th September, 2001 , 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 specified at serial number 13, for 1 [Literacy project of running 21050 One Teacher Schools (OTS) at 21050 tribal areas in 15 States] by Friends of the Tribal Society, 19- Ganga Prasad Mukherjee Ro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r enhanced vide notification number 1384(E) dated 14.6.2011 from ₹ 1650 lakh to ₹ 5504.04 lakh; And whereas the said project or scheme is likely to extend beyond twelve years; And whereas the project cost is likely to enhance from ₹ 5504.40 lakh to 12630 lakh; And whereas the National Committee for Promotion of Social and Economic Welfare, being satisfied that the said ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eriod of three years commencing with financial year 2014-15, i.e., 2014- 15, 2015-16 and 2016-17; and (b) further amends the said notification number S.O.901(E) dated the 20th September, 2001 , to the following effect, namely :- In the said notification, in the Table against serial number 13, in column (4), relating to maximum cost to be allowed as deduction under section 35AC , for the le ..... X X X X Extracts X X X X X X X X Extracts X X X X
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