Exemption u/s 35AC – Amendments in Notification no. SO 54(E), dated the January 16, 1998 projects of 'Rural development project-construction of buildings for primary school, women and child welfare centre by Anuvrat Gram Bharti Sansthan

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....C-274/08/2008] dated 4-6-2008 Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number SO 54(E), dated the January 16, 1998, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 13, 'Rural development project-construction of buildings fo....

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....57(E), dated the July 16, 2007 for a period of three years beginning with financial year 2006-07; And whereas the said project or scheme is likely to extend beyond twelve 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 11....