TMI BlogU/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Sevalaya, Sevalaya Campus, ThiruninravurX X X X Extracts X X X X X X X X Extracts X X X X ..... e (Department of Revenue) number S.O. 2033(E) dated 6th August, 2009, 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 9, "Sevalaya old age home project" by "Sevalaya, Sevalaya Campus, Kasuva Village, Pakkam Post, Near Thiruninravur-602024", as an eligible project or s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... le (5) of rule 11M of the Income-tax Rules, 1962 for amending the project cost from ₹ 1.15 crore includes a corpus of ₹ 95 lakh and ₹ 19.86 lakh running expenditure to ₹ 3.00 crore including a corpus of ₹ 95 lakh; Now, therefore, the Central Government, in exercise of the powers conferred by sub- section (1) read with clause (b) of the Explanation to Section 35AC of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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