TMI BlogExemption u/s 35AC - The CG had specified for Construction, equipment and running of a 30 bed Hospital and High School at Heggadevanakote Taluk, Mysore District, Karnataka by Swami Vevekananda Youth Movement as an eligible project or schemeX X X X Extracts X X X X X X X X Extracts X X X X ..... ing of a 30 bed Hospital and High School at Heggadevanakote Taluk, Mysore District, Karnataka by Swami Vevekananda Youth Movement as an eligible project or scheme Notification No. 62 of 2003, dt. 31st March, 2003 Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 388(E) dated than 19th May, 1997 issued under sub-section (1) read with ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 35AC of the Income-tax Act, 1961 (43 of 196 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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