Exemption u/s 35AC - Central Government had specified for the construction of houses under social housing project by Maria Seva Sangha, Bangalore, as an eligible project or scheme - 11494 - Income Tax Act, 1961
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Section 35AC exemption extended to Maria Seva Sangha social housing project, renewing its eligible tax status under the rules. The Central Government, under Section 35AC, specifies the Maria Seva Sangha social housing project at Sannathammanahalli, Bangalore South, as an eligible project for a further three-year period beginning with assessment year 2001-2002, following a recommendation by the National Committee that the project is being executed properly and noting the project's location, implementing body, and estimated cost.
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Section 35AC exemption extended to Maria Seva Sangha social housing project, renewing its eligible tax status under the rules.
The Central Government, under Section 35AC, specifies the Maria Seva Sangha social housing project at Sannathammanahalli, Bangalore South, as an eligible project for a further three-year period beginning with assessment year 2001-2002, following a recommendation by the National Committee that the project is being executed properly and noting the project's location, implementing body, and estimated cost.
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