Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of swimming pool complex with facilities of boarding and lodging for the Swimmers and a modern gymnasium Bangalore by Basavanagudi Aquatic Centre

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....ntral Government had specified for Construction of swimming pool complex with facilities of boarding and lodging for the Swimmers and a modern gymnasium Bangalore by Basavanagudi Aquatic Centre NOTIFICATION NO. 106/2007, DATED 29-3-2007 S.O. 469(E) - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 402(E), dated the 3rd May, 1995,....

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....15(E), dated the 20th September, 2001 for a period of three years beginning with assessment year 2002-03 and which was extended further vide notification number S.O.795(E), dated the 5th July, 2004 for a period of three years beginning with financial year 2004-05; AND WHEREAS the said project or scheme is likely to extend beyond twelve years; AND WHEREAS the National Committee for Promotion of S....