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Exemption u/s 35AC of the income tax act 1961, the central govt. had specified for "Watershed Development Project" by Bosco Gramin Vikas Kendra as an eligible project or scheme

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..... ramin Vikas Kendra as an eligible project or scheme Notification No. S.O. 1478(E) [F.No. NC-274/09/2008] Dated 17-6-2008 Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.1365(E) dated the 27th November, 2003, issued under clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central .....

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..... clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby notifies the scheme or project "Watershed Development Project" being carried out by Bosco Gramin Vikas Kendra, C/o St. John's Church, Bhingar Camp, Ahmednagar, Maharashtra-414 002, without any change in the approved cost of Rs. 124.43 lakh, as an eligible project or scheme for a further period of th .....

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