Exemption u/s 35AC - Central Government had specified for construction of building of Arts and Commerce College, Rural Science and Pharmacy College, Industrial Training Institute and Hostel by Shree Bharat Saraswati Mandir Sansad, Gujarat, as an eligible project or scheme

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....mption u/s 35AC - Central Government had specified for construction of building of Arts and Commerce College, Rural Science and Pharmacy College, Industrial Training Institute and Hostel by Shree Bharat Saraswati Mandir Sansad, Gujarat, as an eligible project or scheme NOTIFICATION NO. S.O.928(E)  DATED 20-9-2001 Whereas by notification of the Government of India in the Ministry of F....

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....with the assessment year 1999-2000; And whereas the said project or scheme is likely to extend beyond eight years; And whereas the National Committee has, 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....