Exemption u/s 35AC - Central Government had specified for construction of building and vehicle for Home for Aged and Orphans at Pedakakani by Vathsalya Ashramam, 103 as an eligible project or scheme

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....hans at Pedakakani by Vathsalya Ashramam, 103 as an eligible project or scheme Notification No : 324 Date of Issue : 27/11/2003 Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.0.388(E) dated the 19th May, 1997, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 196....

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....xecuted properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies t....