Exemption u/s 35AC - Approved various institutions as an eligible projects and schemes

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..... to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the institutions specified in column (2) of the Table below and specifies the eligible projects and schemes and the estimated cost thereof as mentioned in columns (3) and (4) of the said Table. TABLE Sl No. Name of the institution Project or schem .....

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..... stitutional Area, New Delhi. Medical care to old persons and leprosy patients, provisions to older persons, rehabilitation of destitute old women, conducting eye camps in Delhi ₹ 1295 lakhs 5. Mahyco Research Founda tion Trust, Raj Mahal, Veer Nariman Road, Bombay-400 020 Phase-II of Shri Ganapati Netralaya at Jalana, District Jalana (Maharashtra) ₹ 7,08,75,000 (Project approved .....

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..... an ₹ 24,000, he/she will be charged at 5 per cent. of his/her annual income or at cost, whichever is less). This notification shall remain in force for a period of two years in relation to the assessment years 1994-95 and 1995-96 in respect of projects mentioned at serial numbers 3 and 4 and for a period of three years in relation to the assessment years 1994-95, 1995-96 and 1996-97 in resp .....

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