Exemption u/s 35AC the C. G. had specified for Construction of Shelter for the homeless by Mother Krishnabai Rural Development Trust, as an eligible project or scheme

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..... oject or scheme NOTIFICATION No. 294/2006, dated 26-10-2006 Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O. 901(E), dated the 20th September, 2001, issued under 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 had specified at serial number 5 .....

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..... mittee 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 said project or scheme for a further period of three years and amending the project cost from "Rs. 130.00 lakhs" to "Rs. 200.00 lakhs; Now, therefore, the Centr .....

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