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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Govt Approves Projects u/s 35AC: Tata Chemicals & Jindal Aluminium Lead Initiatives in Education, Health, and Water.</h1> The Central Government, based on recommendations from the National Committee, has designated certain projects and schemes as eligible under Section 35AC of the Income-tax Act, 1961. Tata Chemicals Ltd. in Bombay is tasked with the Regional Development of Okha Mandal Project, including the establishment of six education and information centers, with an estimated cost of Rs. 66 lakhs. Jindal Aluminium Ltd. in Bangalore will undertake a drinking water project, a Rural Mobile Health Centre, and the construction of school buildings in three villages, with costs of Rs. 22.5 lakhs, Rs. 7 lakhs, and Rs. 46 lakhs respectively. This notification is effective for the assessment years 1993-94 to 1995-96.
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