Exemption u/s 35AC - Central Government had specified for Integrated Rural Development Project by Bhansali Trust as an eligible project or scheme for a period of three years beginning with Assessment Year 2003-04

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..... by Bhansali Trust as an eligible project or scheme for a period of three years beginning with Assessment Year 2003-04 NOTIFICATION NO. 231/2006, DATED 4-9-2006 S.O.1413(E). Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 60(E), dated the 22nd January, 2003, issued under sub-section (1) read with clause ( b ) of the Expla .....

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..... e 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), hereby specifies the schenw or project for Integrated Rural Development Project which is being carried out by Bhansali Trust, 640646, Panchratna Mama Parmanand Marg, Mumbai-400004, without any change in the approved cost of Rs. 1275.00 lakhs, as an elig .....

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