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U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Tata Sponge Iron Limited, Orissa

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..... S.O.97(E) dated the 11 th February, 1999, 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 ad specified at serial number 2, for Digging of tube wells for, providing potable drinking water, repairing of schools, promotion/improvement of agricultural activities-and providing medical facilities .....

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..... three years beginning with the financial year 2010-11; And whereas vide notification number S.O.1270(E) dated the 12 th December, 2001 the estimated cost was enhanced from ₹ 10.00 lakhs to ₹ 30.00 lakhs and vide notification number S.O.384(E) dated the 23 rd March, 2005 the estimated cost was enhanced from ₹ 30.00 lakhs to ₹ 56.00 lakhs and vide notification number S .....

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..... ers conferred by sub- section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) , - (a) hereby notifies the scheme or project for Digging of tube-wells for providing potable drinking water, repairing of schools, promotion/improvement of agricultural activities and providing medical facilities in various villages in Keonjhar District of Orissa, .....

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..... Organizing sports and cultural activities may also be read along with the already approved four activities. The above additional activities shall be within the already approved cost of ₹ 3.16 crore. [F. No. V-27015/4/2011-SO (NAT.COM)] NAVEEN CHANDRA, Director (National Committee) - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagem .....

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