Exemption u/s 35AC - Central Government had specified the (a) Slum Re-housing; (b) Rural Housing; (c) School building reconstruction ; and (d) Training and self-employment of handicapped poor (primarily blind) in rural and urban areas as eligible projects or schemes

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..... t had specified the ( a ) Slum Re-housing; ( b ) Rural Housing; ( c ) School building reconstruction ; and ( d ) Training and self-employment of handicapped poor (primarily blind) in rural and urban areas as eligible projects or schemes NOTIFICATION NO. S.O.178 ( E ) DATED 9-3-1995 Whereas by Notification No. S.O. 578(E), dated 31st July, 1992, issued under clause ( b ) of the Expla .....

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..... ears ; Now, therefore, the Central Government in exercise of the powers conferred by clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961, hereby specifies the ( a ) slum re-housing in the slums of Rambagan, Calcutta, at an estimated cost of Rs. 50 lakhs ; ( b ) rural housing in 2,000 villages of the eleven districts of West Bengal at an estimated cost of Rs. 235 lakhs ; .....

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