Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had notified for 'Construction of dormitory-cum-library and running of rehabilitation/welfare programmes at Bangalore, Karnataka by Shri Ramana Maharishi Academy of the Blind

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....n 35AC of the Income-tax Act, 1961, the Central Government had notified for 'Construction of dormitory-cum-library and running of rehabilitation/welfare programmes at Bangalore, Karnataka by Shri Ramana Maharishi Academy of the Blind   Notification No. SO 1296(E) [F. No. NC-274/08/2008] dated 4-6-2008 Whereas by notification of the Government of India, in the Ministry of Finance ....

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.... said project or scheme is likely to extend beyond six years; And whereas the National Committee for Promotion of Social and Economic Welfare, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for extending the said project or scheme for a further period of three years; Now, t....