Exemption u/s 35 AC - Central Government specified the development project of Salumbre area covering ten villages in Pune District, Maharashtra, by the Poona North Rotary Charitable Trust, Pune as an eligible project or scheme

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..... Salumbre area covering ten villages in Pune District, Maharashtra, by the Poona North Rotary Charitable Trust, Pune as an eligible project or scheme NOTIFICATION NO. S.O.407 ( E ) DATED 6-6-1996 Whereas by notification, vide S. O. No. 216(E), dated 30th March, 1993, issued under sub-section (1) read with clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (4 .....

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..... clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme of development project for Salumbre area covering ten villages in Pune District, Maharashtra, which are being carried out by the Poona North Rotary Charitable Trust, Pune, at the estimated cost of rupees fifty-nine lakhs ninety-two thousand only as an eligible project or scheme for .....

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