Exemption u/s 35AC - Central Government had specified regarding Purchase of equipments, furnishing, running and construction of building for ShriRangNavchetanMahilaCollege at Valia, of Gujarat by Shri Navchetan Education Society-Valia as an eligible project or scheme

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..... t had specified regarding Purchase of equipments, furnishing, running and construction of building for ShriRangNavchetanMahilaCollege at Valia, of Gujarat by Shri Navchetan Education Society-Valia as an eligible project or scheme Income Tax Notification No. 235/2003 Dated 29 th September. 2003 Whereas by notification of the Government of India in the Ministry of Finance (Department of .....

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..... nder 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 1961), hereby specifies the scheme or project of Purchase of equipments, .....

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