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Exemption u/s 35 AC - Central Government had specified the scheme of Karnataka Badminton Association, Bangalore as an eligible project or scheme

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..... TION NO. S.O.254 ( E ) DATED 27-3-1997 Whereas by notification number S. O. 740(E), dated 12th October, 1994, issued under clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified the scheme of Karnataka Badminton Association, C/o C-5, Unity Buildings, J. C. Road, Bangalore-560 002 for the construction of Indoor Badmi .....

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..... ldings, J. C. Road, Bangalore-560 002, for construction of Indoor Badminton Stadium at Millers Road, Bangalore at the estimated cost of rupees one hundred and sixty lakhs only as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1998-99, i.e., 1998-99, 1999-2000 and 2000-2001. [No. 10315/F. No. NC-16/97] - Notification Tax Manag .....

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