Exemption u/s 35AC - Central Government had specified for recurring expenses for running of Saraswati Vidya Mandir Residential High School for tribals with vocational training centre at village Ratnapur, Bihar of Bharatiya Shikshan Avam Shodh Parishad, Bihar as an eligible project or scheme

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....tral Government had specified for recurring expenses for running of Saraswati Vidya Mandir Residential High School for tribals with vocational training centre at village Ratnapur, Bihar of Bharatiya Shikshan Avam Shodh Parishad, Bihar as an eligible project or scheme NOTIFICATION NO. S. O. 833(E) DATED 18-9-1998 Whereas by Notification Number S. O. 471(E), dated the 26th May, 1995, issued und....

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.... 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 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 scheme or project of re....