Exemption u/s 35 AC - Central Government had specified the scheme of Krishnamurti Foundation India, Chennai for the construction of sports complex at Chas Kaman Lake, as an eligible project or scheme

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..... nnai for the construction of sports complex at Chas Kaman Lake, as an eligible project or scheme NOTIFICATION NO. S.O.258 ( E ) DATED 27-3-1997 Whereas by notification number S. O. 521(E), dated 14th July, 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 Krishnamurti Found .....

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..... to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme of Krishnamurti Foundation India, 64-65, Greenways Road, Chennai-600 028, for the construction of sports complex at Chas Kaman Lake, at the estimated cost of rupees twenty-four lakhs and seventy-eight thousand only as an eligible project or scheme for a further period of two assessment years commencing from the .....

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