Exemption u/s 35AC - notified at serial number 5, 'Construction of buildings for Braille Press, library, blind school, auditorium, dormitory, purchase of Braille Press and running of Braille Press Complex at Vidyapalli' by Blind Persons' Association, Kolkata, as an eligible project or scheme - 096/2009 - Income Tax Act, 1961
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Exemption under section 35AC extended for Braille Press complex project, renewing eligible-scheme status for three financial years. The Central Government notifies continuation of the tax exemption for the Braille Press Complex project carried out by the Blind Persons' Association, extending its status as an eligible project for a further three financial years following a National Committee recommendation and on the basis that the project is being executed properly; the notification preserves the previously approved project cost and specifies the qualifying activities of construction, equipment purchase, and running of the Braille Press Complex under the income-tax rules.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended for Braille Press complex project, renewing eligible-scheme status for three financial years.
The Central Government notifies continuation of the tax exemption for the Braille Press Complex project carried out by the Blind Persons' Association, extending its status as an eligible project for a further three financial years following a National Committee recommendation and on the basis that the project is being executed properly; the notification preserves the previously approved project cost and specifies the qualifying activities of construction, equipment purchase, and running of the Braille Press Complex under the income-tax rules.
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