Exemption u/s 35AC - Central Government had specified construction, furnishing and running of free school and hostel for destitute and rural blind children, Andhra Pradesh as an eligible project or scheme

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....tel for destitute and rural blind children, Andhra Pradesh as an eligible project or scheme NOTIFICATION NO. S.O.700(E) DATED 3-10-1997 Whereas by notification number S. O. 471(E), dated 26th May, 1995, issued under sub-section (1) read with clause (b) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 1, (a) construc....

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....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 Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of (a) construction, furnishing an....