Amendment in Notification No. S.O. 224(E) dated 16th March, 1994 - S.O.526(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION DATED 14-7-1994 S.O.526(E) - In exercise of the powers conferred by 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 on the recommendation of the National Committee hereby amends the notification of Government of India, Ministry of Finance, (Department of Revenue) Number S.O. 224(E) dated 16th March, 1994 as follows, namely :- In the said notification in the last paragraph for the words beginning from This notification shall remain in force and ending with the letter, figures and words serial numbers 1, 5, 7, 8, 9 and 12 the following shall be substituted, namely :- This notification shall remain in force for a period of one year in relation to assessment year 1994-95 in respect of project mentioned at serial number 6 and for a period of two years in relation to assessment years 1994-95 and 1995-96 in respect of projects mentioned at serial number 3, 10, 11 and for a period of three years in relation to assessment years 1994-95, 1995-96 and 1996-97 in respect of projects mentioned at serial numbers 1, 2, 4, 5, 7, 8, 9, and 12.