Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of AdministrativeBuilding, Training-cum-Production Centre and Women Hostel at M.R. Palli, Tirupathi Rural, Chittoor District, Andhra Pradesh, by Rayalaseema Seva Samithi (RASS)

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....t 1961<br>Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of AdministrativeBuilding, Training-cum-Production Centre and Women Hostel at M.R. Palli, Tirupathi Rural, Chittoor District, Andhra Pradesh, by Rayalaseema Seva Samithi (RASS) NOTIFICATION NO. 374 Dated 9th December. 2002 &nbsp; Whereas by notification of the Govern....

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....s, the said project or scheme is likely to extend beyond five years; And whereas, the National Committee, being satisfied that the 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 specifying the said project or scheme for a further period of two years; Now, therefore, the Central Government, in exerci....