Exemption u/s 35AC - Central Government had specified for Running of school for mentally retarded children at Sabarkantha, North Gujarat, and Dungarpur District of Rajasthan by Sabarkantha Charitable Trust, C/o Dr. Navin Modi, Psychiatrist, (Gujarat) as an eligible project or scheme - 203/2005 - Income Tax Act, 1961
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Section 35AC exemption extended for specified school scheme; project remains eligible following government notification and committee recommendation. The Central Government specifies the project of running a school for mentally retarded children by Sabarkantha Charitable Trust as an eligible project under Section 35AC for income-tax exemption purposes, continuing eligibility without change in the approved estimated cost and relying on prior notifications and a recommendation of the National Committee under rule 11M(5) of the Income-tax Rules to extend the scheme for a further period commencing from the stated financial year.
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Section 35AC exemption extended for specified school scheme; project remains eligible following government notification and committee recommendation.
The Central Government specifies the project of running a school for mentally retarded children by Sabarkantha Charitable Trust as an eligible project under Section 35AC for income-tax exemption purposes, continuing eligibility without change in the approved estimated cost and relying on prior notifications and a recommendation of the National Committee under rule 11M(5) of the Income-tax Rules to extend the scheme for a further period commencing from the stated financial year.
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