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<h1>Exemption under section 35AC: rural development project for Hind Lamps Limited recognised, subject to account rendering and completion certification.</h1> Notification specifies M/s. Hind Lamps Limited's 'Rural Development Scheme in Shikohabad, Distt. Firozabad (U.P.)' as an eligible project for exemption under Section 35AC, records the estimated project cost, and makes the specification effective for two years (assessment years 1994-95 and 1995-96) subject to the company rendering an account to the National Committee and certifying completion of the project.