Exemption u/s 35 AC - Central Government had specified the scheme of Anoopam Mission, Brahmajyoti Yogiji Marg, Mogri, Via Anand, Gujarat for Yogiji Maharaj Mahavidyalaya and Educational Complex (College) for rural women at Dhari, Gujarat, as an eligible project or scheme - S.O.389(E) - Income Tax

Exemption u/s 35 AC - Central Government had specified the scheme of Anoopam Mission, Brahmajyoti Yogiji Marg, Mogri, Via Anand, Gujarat for Yogiji Maharaj Mahavidyalaya and Educational Complex (College) for rural women at Dhari, Gujarat, as an eligible project or scheme NOTIFICATION NO. S.O.389 ( E ) DATED 19-5-1997 Whereas by Notification Number S. O. 15(E), dated 11th January, 1994, as amended vide notification number S. O. 407(E), dated 3rd May, 1995, issued under clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961, (43 of 1961), the Central Government had specified the scheme of Anoopam Mission, Brahmajyoti Yogiji Marg, Mogri, Via Anand, Gujarat-388 345 for Yogiji Maharaj Mahavidyalaya and Educational Complex (College) for rural women at Dhari, Gujarat, as an eligible project or scheme for a period of three years commencing from the assessment year 1996-97; And whereas the said project or scheme is likely to extend beyond three years; And whereas the National Committee being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of two years and amendment in the cost of the project; Now, therefore, the Central Government, in exercise of the powers conferred by clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme of Anoopam Mission, Brahmajyoti Yogiji Marg, Mogri, Via Anand, Gujarat-388 345, for Yogiji Maharaj Mahavidyalaya and Educational Complex (College) for rural women at Dhari, Gujarat, at the estimated cost of rupees one hundred ninety-four lakhs and fifty thousand plus a corpus fund of rupees eighty-six lakhs and fifty thousand only as an eligible project or scheme for a further period two assessment years commencing from the assessment year 1999-2000, i.e., assessment years 1999-2000 and 2000-2001. [No. 10353/F. No. NC-62/97]