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    <title>Exemption u/s 35AC - Central Government had specified for supporting educational needs of poor children in DeepalayaSchool by Deepalaya, New Delhi, as an eligible project or scheme</title>
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    <description>The Central Government, acting under the Explanation to the Income-tax Act and on the National Committee&#039;s recommendation under rule 11M, specified the Deepalaya School scheme supporting poor children in New Delhi as an eligible project or scheme under section 35AC for a further three-year period commencing the stated assessment year, identifying the executing body and the estimated corpus fund, thereby enabling continued tax-exempt treatment for donor contributions subject to statutory conditions.</description>
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