TMI BlogSection 35AC of the Income-Tax Act, 1961 - Eligible Projects Schemes, Expenditure On - Notified Eligible Projects Or SchemesX X X X Extracts X X X X X X X X Extracts X X X X ..... Eligible Projects Or Schemes S.O. 1244(E) -Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.839(E) dated the 22nd November, 1994, issued under sub-section (1) of read with 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 8, for c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Social and Economic Welfare, being satisfied that 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) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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