Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Construction of building for Special School, Hostel and Staff Quarters, Institute for the Mentally Handicapped at Padapalakaluru Village, Guntur, Andhra Pradesh by Sri Dakshinaya Bhava Samithi as an eligible project or scheme - 097/2006 - Income Tax Act, 1961
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Exemption under section 35AC extended for Dakshinaya Institute project, confirming continued eligibility for three further financial years. The Central Government re specifies the Dakshinaya Institute project as an eligible project under section 35AC, extending tax exemption eligibility for a further three years for construction, purchase of equipment, furnishing and running of the institute, without any change in the approved estimated cost, following recommendation by the National Committee under rule 11M.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended for Dakshinaya Institute project, confirming continued eligibility for three further financial years.
The Central Government re specifies the Dakshinaya Institute project as an eligible project under section 35AC, extending tax exemption eligibility for a further three years for construction, purchase of equipment, furnishing and running of the institute, without any change in the approved estimated cost, following recommendation by the National Committee under rule 11M.
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