Exemption u/s 35AC - Central Government had specified for construction, furnishing and equipments of school building at Govindpuri, Kalkaji Extension, Delhi of Deepalaya, New Delhi as an eligible project or scheme - S. O. 551(E) - Income Tax Act, 1961
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Exemption under section 35AC: extends eligibility of Deepalaya school construction project for further assessment years. The Central Government has specified the construction, furnishing and equipment of a Deepalaya school building at Govindpuri, Kalkaji Extension, Delhi as an eligible project for exemption under section 35AC and, following a National Committee recommendation that execution is proper, has extended that specification for a further three assessment years commencing from the assessment year 1999-2000.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC: extends eligibility of Deepalaya school construction project for further assessment years.
The Central Government has specified the construction, furnishing and equipment of a Deepalaya school building at Govindpuri, Kalkaji Extension, Delhi as an eligible project for exemption under section 35AC and, following a National Committee recommendation that execution is proper, has extended that specification for a further three assessment years commencing from the assessment year 1999-2000.
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