Exemption u/s 35AC - Central Government had specified for Integrated Rural Development Programme of Ambuja Cement Foundation, Calcutta as an eligible project or scheme - S. O. 681(E) - Income Tax Act, 1961
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Exemption under section 35AC: specification extended for Integrated Rural Development Programme, permitting continued tax-eligible project status. Central Government specifies the Integrated Rural Development Programme at Kodinar Taluka of Ambuja Cement Foundation as an eligible project under section 35AC, following the National Committee's recommendation that the project is being executed properly, and extends the specification for a further two assessment years commencing from assessment year 1999-2000.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC: specification extended for Integrated Rural Development Programme, permitting continued tax-eligible project status.
Central Government specifies the Integrated Rural Development Programme at Kodinar Taluka of Ambuja Cement Foundation as an eligible project under section 35AC, following the National Committee's recommendation that the project is being executed properly, and extends the specification for a further two assessment years commencing from assessment year 1999-2000.
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