Exemption u/s 35AC - Central Government had specified for construction of Marathwada Medical Research and Rural Development Institute by Marathwada Medical Research and Rural Development Institute, Aurangabad as an eligible project or scheme

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....ernment had specified for construction of Marathwada Medical Research and Rural Development Institute by Marathwada Medical Research and Rural Development Institute, Aurangabad as an eligible project or scheme NOTIFICATION NO. 11070  DATED 10-9-1999 Whereas by notification of the Government of India in the Ministry of Finance number S.O. 93(E) dated the 7th February, 1997 [publi....

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....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 the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-ta....