Exemption u/s 35AC - Central Government had specified for construction, furnishing and running of South Block of Ashram Sravani Old Age Home and Eye-cum-General Hospital by Association for the Care of the Aged, Kakinada as an eligible project or scheme

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..... r construction, furnishing and running of South Block of Ashram Sravani Old Age Home and Eye-cum-General Hospital by Association for the Care of the Aged, Kakinada as an eligible project or scheme NOTIFICATION NO. 631(E) DATE 5-7-2000 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 .....

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..... t the 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-t .....

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