Exemption u/s 35AC - Central Government had specified for supporting educational needs of poor children in DeepalayaSchool by Deepalaya, New Delhi, as an eligible project or scheme

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..... School by Deepalaya, New Delhi , as an eligible project or scheme NOTIFICATION NO. S.O.1050(E) DATED 18-10-2001 Whereas by notification of the Government of India in the Ministry of Finance No. S.O. 212(E), dated the 1st April, 19992, issued under clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at .....

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..... Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of supporting educational needs of poor children in Deepalaya School at Kalkaji Extension, Near Govindpur, New Delhi, which is being carried out by Deepalaya, GN-12, Shivaji Enclave, New Delhi-110 027, at the estimated cost of rupees six crores forty lakhs as corpus fund only, as an eligibl .....

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