Exemption u/s 35 AC - Central Government specified the construction equipments and furnishing of building for a school hostel, by Sanatan Rishikul Ashram Seva Trust Orissa as an eligible project or scheme

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..... he 18 th November, 1999 S.O.1144(E).- Whereas by notification of the Government of India in the Ministry of Finance number S.O. 206(E) dated the 17th March, 1997 , 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 serial number 11 construction, equipments and furnishing of building for a school h .....

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..... ore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction, equipments and furnishing of building for a school hostel at Village Boxma, District Sambalpur, Orissa, which is being carried out by Sanatan Rishikul Ashram .....

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