Exemption u/s 35AC - Central Government had specified for Integrated Rural Development Project comprising construction of twenty-five primary schools, ten community centres, one vocational training centre at Dibrugarh

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....prising construction of twenty-five primary schools, ten community centres, one vocational training centre at Dibrugarh NOTIFICATION NO. S. O. 322(E) DATED 11-5-1999 Whereas by notification of the Government of India in the Ministry of Finance No. S.O. 228(E), dated 17th March, 1994, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 196....

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.... project or scheme is likely to extend beyond six years : And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a 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 ....