Exemption u/s 35AC - Central Government had specified for construction of Marathwada Medical Research and Rural Development Institute by Marathwada Medical Research and Rural Development Institute, Aurangabad as an eligible project or scheme

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..... construction of Marathwada Medical Research and Rural Development Institute by Marathwada Medical Research and Rural Development Institute, Aurangabad as an eligible project or scheme NOTIFICATION NO. 11070 DATED 10-9-1999 Whereas by notification of the Government of India in the Ministry of Finance number S.O. 93(E) dated the 7th February, 1997 [published at (1997) 137 CTR (St) .....

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..... cheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years; 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) .....

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