Exemption u/s 35AC of the income tax act 1961, the central govt. had specified for "Integrated Rural Development Project" by Bhansali Trust as an eligible project or scheme - Amendment in N. No. S.O.60(E) dated the 22nd January, 2003

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..... specified for "Integrated Rural Development Project" by Bhansali Trust as an eligible project or scheme - Amendment in N. No. S.O.60(E) dated the 22nd January, 2003 Notification No. S.O. 1479(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.60(E) dated the 22nd January, 2003, issue .....

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..... mmendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for extending the said project or scheme for a further period of three years and amending the project cost from Rs. 1275.00 lakh to Rs. 18.94 crore; 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 .....

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