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    <title>Exemption u/s 35AC of the Income tax act 1961, the central govt. had specified for &quot;Construction, furnishing, equipments/materials and running of home for girls West Bengal&quot; by Pranab Kanya Sangha as an eligible project or scheme</title>
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    <description>Notification extends the Section 35AC tax exemption to Pranab Kanya Sangha&#039;s project for a further two years beginning financial year 2007 08, retaining the approved project cost of Rs. 44.67 lakh; based on the National Committee&#039;s recommendation and exercise of powers under the Explanation to section 35AC. Because financial year 2007 08 had already elapsed when the notification issued, the approval is not valid for funds collected during that year and no certificate for exemption of donations under Section 35AC(1) will be issued for that year.</description>
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    <pubDate>Tue, 17 Jun 2008 00:00:00 +0530</pubDate>
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      <title>Exemption u/s 35AC of the Income tax act 1961, the central govt. had specified for &quot;Construction, furnishing, equipments/materials and running of home for girls West Bengal&quot; by Pranab Kanya Sangha as an eligible project or scheme</title>
      <link>https://www.taxtmi.com/notifications?id=7618</link>
      <description>Notification extends the Section 35AC tax exemption to Pranab Kanya Sangha&#039;s project for a further two years beginning financial year 2007 08, retaining the approved project cost of Rs. 44.67 lakh; based on the National Committee&#039;s recommendation and exercise of powers under the Explanation to section 35AC. Because financial year 2007 08 had already elapsed when the notification issued, the approval is not valid for funds collected during that year and no certificate for exemption of donations under Section 35AC(1) will be issued for that year.</description>
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      <pubDate>Tue, 17 Jun 2008 00:00:00 +0530</pubDate>
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