Exemption u/s 35AC - Central Government had specified for Sports Coaching Foundation capital Nature Project; Sports Coaching Foundation Revenue Nature Project by the Sports Coaching Foundation, Hyderabad, as an eligible project or scheme

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..... ation capital Nature Project; Sports Coaching Foundation Revenue Nature Project by the Sports Coaching Foundation, Hyderabad, as an eligible project or scheme NOTIFICATION NO. S.O.550(E) DATED 20-6-2001 Whereas by notification of the Government of India in the Ministry of Finance No. S.O. 713(E), dated the 8th August, 1995, as amended by S.O. 188(E), dated the 12th March, 1997, issued under cl .....

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..... e said project or scheme 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, .....

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