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    <title>Exemption u/s 35AC - the C.G. approves the institutions mentioned in column (2) as eligible projects or schemes</title>
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    <description>The Central Government approves specific institutions as sponsors of eligible projects or schemes for deduction under section 35AC, specifying for each the project description, estimated cost and the maximum amount of that cost allowable as a deduction, and indicating the financial years during which the approval and deduction limits apply, with certain entries omitted or substituted by later notifications.</description>
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      <description>The Central Government approves specific institutions as sponsors of eligible projects or schemes for deduction under section 35AC, specifying for each the project description, estimated cost and the maximum amount of that cost allowable as a deduction, and indicating the financial years during which the approval and deduction limits apply, with certain entries omitted or substituted by later notifications.</description>
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