Exemption u/s 35AC - Central Government had specified the construction of building in area of 600 square feet with equipment and furniture for running a vocational training centre and a community wlefare centre at Vasna, Ahmedabad of Akhand Jyot Foundation, Ahmedabad as an eligible project or scheme

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.... - Central Government had specified the construction of building in area of 600 square feet with equipment and furniture for running a vocational training centre and a community wlefare centre at Vasna, Ahmedabad of Akhand Jyot Foundation, Ahmedabad as an eligible project or scheme NOTIFICATION NO. S.O.406(E) DATED 3-5-1995 whereas by Notification No. S.O. 228(E), dated 17th March, 1994, issue....

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....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 of scheme for a further period of three years ; Now, therefore, the Central Government in exercise of the powers conferred by clause (b) of Explanation to section 35AC of the Income-tax Act, 1961, hereby specifiesthe construction of building in area....