Exemption u/s 35AC - Central Government had specified for Blood component-purchase of equipments and accessories thereof at Chennai, Tamilnadu, by Madras Egmore Lions Blood Bank and Research Foundation as an eligible project or scheme

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..... Blood component-purchase of equipments and accessories thereof at Chennai, Tamilnadu, by Madras Egmore Lions Blood Bank and Research Foundation as an eligible project or scheme NOTIFICATION NO. 101/-2005, DATED 23-3-2005 S.O. 390(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.308(E) dated the 11th May, 1999, issu .....

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..... 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; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause ( b ) of the Explanation to section 35A .....

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