Exemption u/s 35AC - Central Govt. had specified the scheme or project of training and rehabilitation of disabled soldiers at Kirkee, Range Hills, Pune of Queens Mary's Technical Institute Pune as an eligible project or scheme - 10642 - Income Tax Act, 1961
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Exemption under section 35AC: eligible rehabilitation project specification extended, maintaining tax-exemption eligibility. The Central Government renewed the specification of an exemption under section 35AC for Queens Mary's Technical Institute's training and rehabilitation project for disabled soldiers at Kirkee, Range Hills, Pune, after the National Committee recommended further specification under the Income-tax Rules based on proper execution; the notification identifies the project, location and estimated cost and extends its eligibility as an exempt project for a further three assessment years.
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The Central Government renewed the specification of an exemption under section 35AC for Queens Mary's Technical Institute's training and rehabilitation project for disabled soldiers at Kirkee, Range Hills, Pune, after the National Committee recommended further specification under the Income-tax Rules based on proper execution; the notification identifies the project, location and estimated cost and extends its eligibility as an exempt project for a further three assessment years.
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