Exemption u/s 35AC -Approves various institutions as an eligible Project or scheme
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....read with clause (b) of the Explanation to section 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 ....
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....Rs. 25.46 lakhs. Rs. 13.65 lakhs. 2. Tata Sponge Iron Limited, 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 Rs. 30.00 lakhs] ^5[Rs. 3.16 crore] 2. This notification shall remain in force for a period of three yea....
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