Exemption u/s 35AC - Central Government had specified for the PYOH II US Aid Construction of low-cost houses, Jaipur District Rural Health Project, Poultry Raising and Garment making for rural women of Jaipur rural Health and Development trust, Jaipur as an eligible project or scheme - S. O. 553(E) - Income Tax Act, 1961
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Income-tax specification extended for Jaipur rural development projects, preserving approved cost and renewing eligibility for additional assessment years. The Central Government, acting under the power to specify eligible projects for income-tax exemption, renews the specification of the Jaipur Rural Health and Development Trust projects - PYOH II US Aid, low-cost houses construction, Jaipur District Rural Health Project, and poultry and garment activities for rural women - for a further three assessment years commencing with assessment year 1999-2000, without change in the approved cost, following the National Committee's recommendation that the projects are properly executed.
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Provisions expressly mentioned in the judgment/order text.
Income-tax specification extended for Jaipur rural development projects, preserving approved cost and renewing eligibility for additional assessment years.
The Central Government, acting under the power to specify eligible projects for income-tax exemption, renews the specification of the Jaipur Rural Health and Development Trust projects - PYOH II US Aid, low-cost houses construction, Jaipur District Rural Health Project, and poultry and garment activities for rural women - for a further three assessment years commencing with assessment year 1999-2000, without change in the approved cost, following the National Committee's recommendation that the projects are properly executed.
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