Section 35AC exemption extended for Sainik Ashram project; continuation permitted for two additional financial years. The Central Government extends the Section 35AC tax-exemption status of the Sainik Ashram project by Kerala Ex-Servicemen Welfare Association (KEXWA), preserving its previously approved cost and specifying the scheme as eligible for the further two financial years commencing 2010-11, following the National Committee's recommendation that the project is being executed properly.
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Section 35AC exemption extended for Sainik Ashram project; continuation permitted for two additional financial years.
The Central Government extends the Section 35AC tax-exemption status of the Sainik Ashram project by Kerala Ex-Servicemen Welfare Association (KEXWA), preserving its previously approved cost and specifying the scheme as eligible for the further two financial years commencing 2010-11, following the National Committee's recommendation that the project is being executed properly.
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