“Light of Life Trust has been approved under Section 35AC of Income Tax Act, 1961”
March 28, 2013, Mumbai- Light Of Life Trust has been approved donation exemption U/s 35AC of the Income Tax Act 1961 for their Project Jagruti for setting up & operation of a Children’s Home, setting up & operation of Medical Diagnostic Centre with a Mobile Medical Unit and setting up & operation of a Senior Citizen Home. 35 AC gives a donor 100% tax exemption.
“Ours is one of a select few that has received this. What this means is that our very generous donors can now receive a full tax exemption! For me, this means many more will be able to benefit from our work” says Ms. Villy Doctor, Founder Trustee of Light Of Life Trust.
The objective of this project is to create a unique holistic, joyous community of orphan children isolated senior citizens and destitute women that will enrich lives through mutual benefits of a surrogate family. It will also set a Medical Diagnostic Centre for the benefit of people residing in and around Karjat.
“I am very happy for Light Of Life Trust, 35AC will really benefit the ethical work that the Trust does for the rural underprivileged” says Business Development Director, Palladium High Street Phoenix and Trustee of Light Of Life Trust Ms Gayatri Ruia.