Exemption u/s 35AC -Approves various institutions as an eligible Project or scheme

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....on 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the companies specified in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of suc....

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....d, P.O. Joda, Distt. Keonjhar, Orissa. 2[construction of school buildings purchase of library books, purchase of medicines. training on family planning, health and hygiene and encouragement of sports: at a cost of ₹ 30.00 lakhs] 5[₹ 3.16 crore] 2. This notification shall remain in force for a period of three years in relation to the assessment years 1999-2000, 2000-2001 and 2001-20....