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

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..... ) of the Explanation 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 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, t .....

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..... under Notification S.O. 521(E) (See [1994] 210 ITR (St.) 113.), dated 14th July, 1994, and S.O. No. 614(E) (See [1995] 211 ITR (St.) 126.) dated 23rd August 1994 to the extent the amount collected by way of donations 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 ye .....

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