Exemption u/s 35AC - Central Government had specified for Midday Meal Scheme in three schools of Bangalore, by Maria Seva Sangha as an eligible project or scheme - 151/2003 - Income Tax Act, 1961
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Exemption under section 35AC extended for midday meal project after national committee recommendation and regulatory specification. The Central Government, exercising powers under sub section (1) read with clause (b) of the Explanation to section 35AC, specifies the Mid-day Meal Scheme carried out by Maria Seva Sangha in three Bangalore schools as an eligible project for a further period of one year commencing from the assessment year 2004 2005, following the National Committee's recommendation that the scheme is being executed properly and noting the project's estimated cost.
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Exemption under section 35AC extended for midday meal project after national committee recommendation and regulatory specification.
The Central Government, exercising powers under sub section (1) read with clause (b) of the Explanation to section 35AC, specifies the Mid-day Meal Scheme carried out by Maria Seva Sangha in three Bangalore schools as an eligible project for a further period of one year commencing from the assessment year 2004 2005, following the National Committee's recommendation that the scheme is being executed properly and noting the project's estimated cost.
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