Exemption u/s 35AC - Central Government had specified for construction, equipments and running of technical school by Shri Purushotam Seva Trust, Advance Technology Management Association, Ahmedabad, as an eligible project or scheme

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..... unning of technical school by Shri Purushotam Seva Trust, Advance Technology Management Association, Ahmedabad, as an eligible project or scheme NOTIFICATION NO. 501(E) DATED 26-5-2000 Whereas by notification of the Government of India in the Ministry of Finance Number S. O. 973(E), dated 14th December, 1995, issued under clause (b) of the Explanation, to section 35AC of the Income-tax Act, 19 .....

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..... der 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), hereby specifies the scheme or project of construction, equipments .....

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