Exemption u/s 35AC - Central Government had specified for Construction, furnishing and establishment of Women's DegreeCollege and Girl's Hostel at plot area of four acre of land of Royal Education Society, Borli Panchatan, Shiwardhan, District Raigad Maharashtra as an eligible project or scheme

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....Central Government had specified for Construction, furnishing and establishment of Women's DegreeCollege and Girl's Hostel at plot area of four acre of land of Royal Education Society, Borli Panchatan, Shiwardhan, District Raigad Maharashtra as an eligible project or scheme NOTIFICATION NO. S. O. 568(E) DATED 7-7-1998 Whereas by notification Number S. O. 116(E), dated 23rd February, 1995, iss....

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....f 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 the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of Construction, furnishing and establishment....