Exemption u/s 35AC - notified at serial number 5, 'Development and extension of educational, medical and sports facilities to rural areas in 50 village around Ankleshwar' by Ankleshwar Industrial and Rural Development Society, K-1/205, GIDC Industrial Estate, Ankleswar, as an eligible project or sch - 64/2009 - Income Tax Act, 1961
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Tax exemption under section 35AC extended for rural development project; eligible status renewed for three years. Notification under section 35AC extends tax-exempt eligible project status to the 'Development and extension of educational, medical and sports facilities to rural areas in 50 village around Ankleshwar' by Ankleshwar Industrial and Rural Development Society for a further three-year period beginning with financial year 2009 2010, without change to the approved project cost of Rs.600.00 lakh including a corpus fund of Rs.100 lakh, following a recommendation by the National Committee under rule 11M(5) of the Income-tax Rules, 1962.
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Tax exemption under section 35AC extended for rural development project; eligible status renewed for three years.
Notification under section 35AC extends tax-exempt eligible project status to the "Development and extension of educational, medical and sports facilities to rural areas in 50 village around Ankleshwar" by Ankleshwar Industrial and Rural Development Society for a further three-year period beginning with financial year 2009 2010, without change to the approved project cost of Rs.600.00 lakh including a corpus fund of Rs.100 lakh, following a recommendation by the National Committee under rule 11M(5) of the Income-tax Rules, 1962.
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