Rule - 11I (of Income Tax Rules, 1962),Income-tax Rules, 1962

Rule - 11I (of Income Tax Rules, 1962),Income-tax Rules, 1962

Income Tax

The functions of the National Committee shall be

(i) to approve associations and institutions for the purpose of carrying out any eligible project or scheme; and

(ii) to recommend to the Central Government projects and schemes of any company including a public sector company, a local authority or an approved association or institution, for being notified as eligible projects or schemes for the purposes of section 35AC (of Income Tax Act, 1961).