Exemption u/s 35AC - Central Government had specified for administration and maintenance of 27 existing villages by SOS Children's Village of India as an eligible project or scheme

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..... by SOS Children's Village of India as an eligible project or scheme Notification No. 118 of 2003, dt. 9th May, 2003 S.O. 527(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 267(E) dated the 29th March, 1994, issued under sub-section (1) read with clause ( b ) of the Explanation to section 35AC of the Income-tax .....

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..... cheme is likely to extend beyond nine years And whereas the National Committee, 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 co .....

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