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Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Establishment and running of the school and hospital by H.B.S. Trust
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.... H.B.S. Trust NOTIFICATION NO. 121/2007, DATED 29-3-2007 S.O.484(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O. 604 (E) dated the 20th May, 2004, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial numbe....