Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of building and running of AnkurSchool for the Mentally Retarded Children at Bhavnagar, Gujarat, by Deceased Bhavsar Devchandbhai Muljibhai Talajiya - 250/2002 - Income Tax Act, 1961
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Specification under section 35AC extended for Ankur School project, renewing its eligible project status and tax incentive recognition. The Central Government, under the Explanation to section 35AC, specifies the Construction, furnishing, purchase of equipment, provision of a school bus and running of Ankur School for Mentally Retarded Children at Bhavnagar as an eligible project carried out by the named deceased promoters, and renews that specification for a further three-year period commencing with the assessment year 2003-2004 following a National Committee recommendation.
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Specification under section 35AC extended for Ankur School project, renewing its eligible project status and tax incentive recognition.
The Central Government, under the Explanation to section 35AC, specifies the Construction, furnishing, purchase of equipment, provision of a school bus and running of Ankur School for Mentally Retarded Children at Bhavnagar as an eligible project carried out by the named deceased promoters, and renews that specification for a further three-year period commencing with the assessment year 2003-2004 following a National Committee recommendation.
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