Exemption u/s 35AC - Central Government had specified for the construction of houses under social housing project by Maria Seva Sangha, Bangalore, as an eligible project or scheme

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..... angha, Bangalore , as an eligible project or scheme NOTIFICATION NO. 11494 DATED 21-9-2000 Whereas by notification of the Government of India in the Ministry of Finance number S.O. 54(E), dated the 16th January, 1998 [published at (1998) 144 CTR (St) 40], issued under clause ( b ) of the Explanation to section 35AC, of the Income-tax Act, 1961 (43 of 1961), the Central Governmen .....

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..... 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 of houses under social housing project at Sannathammanahalli, K.R. Puram Taluka, Bangalore South, Karnataka, which is being carried out by Maria Seva Sangha, Villa Maria, No. 12, Rest House Road, Bangalore, at the estimated cost of rupees one .....

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