Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Comprehensive Rural Development project for upliftment of the rural poor especially tribal by Seva Mandir as an eligible project or scheme - 026/2006- S.O. 157(E) - Income Tax Act, 1961
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Exemption under section 35AC extended for specified rural development project, preserving original approved cost and eligibility period. Central Government specifies continuation of tax exemption for Seva Mandir's Comprehensive Rural Development project as an eligible scheme for an additional three-year period commencing with the financial year 2005-2006, following a rule-based recommendation that the project is being executed properly, and without any change in the previously approved estimated cost including the corpus fund.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended for specified rural development project, preserving original approved cost and eligibility period.
Central Government specifies continuation of tax exemption for Seva Mandir's Comprehensive Rural Development project as an eligible scheme for an additional three-year period commencing with the financial year 2005-2006, following a rule-based recommendation that the project is being executed properly, and without any change in the previously approved estimated cost including the corpus fund.
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