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    <title>Exemption u/s 35AC - Central Government had specified the Gopali Project: Jalaberia Project: Krishnanagar Project: Phuleswar Project: Amta Project: Calcutta as an eligible project or scheme</title>
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    <description>Central Government specified five named welfare projects as eligible for tax exemption under section 35AC for a further three assessment years commencing with assessment year 1999-2000, without change in the approved cost; the action followed a National Committee recommendation after finding the projects likely to extend beyond six years and satisfied with their execution.</description>
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      <description>Central Government specified five named welfare projects as eligible for tax exemption under section 35AC for a further three assessment years commencing with assessment year 1999-2000, without change in the approved cost; the action followed a National Committee recommendation after finding the projects likely to extend beyond six years and satisfied with their execution.</description>
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