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Exemption u/s 35AC - Central Government had specified for Basketball Complex Indore of Corporation (Area) Basketball Complex Indore, Madhya Pradesh, as an eligible project or scheme

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..... Madhya Pradesh, as an eligible project or scheme NOTIFICATION NO. S. O. 310(E) DATED 11-5-1999 Whereas by notification of the Government of India in the Ministry of Finance No. S.O. 839(E), dated 22nd November, 1994, issued under subsection (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number .....

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..... lakhs to Rs. 1,600 lakhs: Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the project or scheme of the Basketball Complex at Race Course Road, Indore, which are being carried out by Corporation (Area) Basketball Trust, Race Course Road, .....

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