Exemption u/s 35AC - Central Government had specified for purchase of equipments/vehicles and running of Ekal Vidyalaya Project in Gujarat, by Bhartiya Jan Seva Sansthan, Ahmedabad, as an eligible project or scheme - Amendment in N. No. S.O. 832(E), dated the 18th September, 1998 - S.0.1052(E) - Income Tax Act, 1961
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Exemption under section 35AC: specified project eligibility extended and maximum sanctioned project cost increased. Exemption under the Income-tax Act is extended for the Ekal Vidyalaya Project run by Bhartiya Jan Seva Sansthan in specified backward and tribal areas of South Gujarat for a further three-year period, on the National Committee's recommendation under the Income-tax Rules; the notification amends the earlier specification by substituting the previously stated maximum project cost with a higher revised maximum.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC: specified project eligibility extended and maximum sanctioned project cost increased.
Exemption under the Income-tax Act is extended for the Ekal Vidyalaya Project run by Bhartiya Jan Seva Sansthan in specified backward and tribal areas of South Gujarat for a further three-year period, on the National Committee's recommendation under the Income-tax Rules; the notification amends the earlier specification by substituting the previously stated maximum project cost with a higher revised maximum.
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