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Exemption u/s 35AC -Approves various institutions as an eligible project or scheme

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..... 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the institutiion specified in column 1 of the Table below and specifies the eligible projects and schemes and the estimated cost thereof as mentioned in column (2) of the Table below and specifies in column (3) of the said Table, the maximum amount of such cost w .....

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..... tions could not be utilised for the projects or schemes mentioned in the aforesaid notification. This notification shall remain in force for a period of three assessment years, namely, 1995-96, 1996-97 and 1997-98. [No. 9695/F. No. NC-132/94] ******* Notes 1. Substituted vide Notification No. 9796 dated 27-6-1995 before it was read as "(c) Phase second and third of ENT department and .....

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