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Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Construction of building for Special School, Hostel and Staff Quarters, Institute for the Mentally Handicapped at Padapalakaluru Village, Guntur, Andhra Pradesh by Sri Dakshinaya Bhava Samithi as an eligible project or scheme

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..... ITA, 1961, the C.G. had specified for Construction of building for Special School, Hostel and Staff Quarters, Institute for the Mentally Handicapped at Padapalakaluru Village, Guntur, Andhra Pradesh by Sri Dakshinaya Bhava Samithi as an eligible project or scheme NOTIFICATION NO. 97/2006, DATED 4-4-2006 SO. 497(E) - Whereas by notification of the Government of India in the Ministry of Finance (D .....

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..... ree years beginning with assessment year 2003-2004; And whereas the said project or scheme is likely to extend beyond six years; And whereas the National Committee for Promotion of Social and Economic Welfare, 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 sa .....

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