Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Promotion of watershed development in Konkan region and integrated development of villages in Panvel and Pen talukas of District Raigad, Maharashtra by Yusuf Meharally Centre as an eligible project or scheme - 020/2006- S.O. 151(E) - Income Tax Act, 1961
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Exemption under section 35AC: watershed and integrated village development project specified eligible and extended for further period. The Central Government re-specified Yusuf Meharally Centre's scheme for Promotion of watershed development in Konkan and integrated development of villages in Panvel and Pen talukas of Raigad, Maharashtra as an eligible project under section 35AC, on recommendation of the National Committee, and extended the specification for a further three years commencing from the financial year 2005-2006 without any change in the approved estimated cost.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC: watershed and integrated village development project specified eligible and extended for further period.
The Central Government re-specified Yusuf Meharally Centre's scheme for Promotion of watershed development in Konkan and integrated development of villages in Panvel and Pen talukas of Raigad, Maharashtra as an eligible project under section 35AC, on recommendation of the National Committee, and extended the specification for a further three years commencing from the financial year 2005-2006 without any change in the approved estimated cost.
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