Exemption u/s 35AC - Central Government had specified for recurring expenses for running of Saraswati Vidya Mandir Residential High School for tribals with vocational training centre at village Ratnapur, Bihar of Bharatiya Shikshan Avam Shodh Parishad, Bihar as an eligible project or scheme - S. O. 833(E) - Income Tax Act, 1961
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Charitable exemption extended for recurring expenses of tribal residential school; qualifying contributions remain eligible for tax relief. The Central Government, on recommendation of the National Committee and exercising powers under the relevant statutory provision, specifies recurring expenses for running the Saraswati Vidya Mandir Residential High School with vocational training centre at Ratnapur, Dhanbad, as an eligible project for a further three assessment years commencing with the assessment year 1999 2000, at an estimated cost of sixty six lakhs seventy five thousand rupees.
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Provisions expressly mentioned in the judgment/order text.
Charitable exemption extended for recurring expenses of tribal residential school; qualifying contributions remain eligible for tax relief.
The Central Government, on recommendation of the National Committee and exercising powers under the relevant statutory provision, specifies recurring expenses for running the Saraswati Vidya Mandir Residential High School with vocational training centre at Ratnapur, Dhanbad, as an eligible project for a further three assessment years commencing with the assessment year 1999 2000, at an estimated cost of sixty six lakhs seventy five thousand rupees.
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