Exemption u/s 35AC - Central Government had specified for construction, equipments and furnishing a building for Degree College at Ghumarwin, District Bilaspur, Himachal Pradesh of the Associated Cement Companies Limited, Mumbai as an eligible project or scheme

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....s 35AC - Central Government had specified for construction, equipments and furnishing a building for Degree College at Ghumarwin, District Bilaspur, Himachal Pradesh of the Associated Cement Companies Limited, Mumbai as an eligible project or scheme NOTIFICATION NO. S. O. 405(E)  DATED 15-5-1998 Whereas by Notification Number S. O. 187(E), dated 12th March, 1997, issued under sub-sec....

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....oject or scheme for a further period of one year and enhancing the approved cost to rupees six hundred one lakhs twenty three thousand only; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction, equipme....