Exemption u/s 35AC - Central Government had specified the Yogiji Maharaj Mahavidyalaya and Educational Complex (College) for Rural Women at Dhari, Gujarat of Anoopam Mission, Brahmajyoti, Yogiji Marg, Megri, via Anand, Gujarat as an eligible project or scheme - S.O.407(E) - Income Tax

Exemption u/s 35AC - Central Government had specified the Yogiji Maharaj Mahavidyalaya and Educational Complex (College) for Rural Women at Dhari, Gujarat of Anoopam Mission, Brahmajyoti, Yogiji Marg, Megri, via Anand, Gujarat as an eligible project or scheme NOTIFICATION NO. S.O.407 ( E ) DATED 3-5-1995 Whereas by Notification No. S.O. 15(E), dated 11th January, 1994, issued under clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, the Yogiji Maharaj Mahavidyalaya and Educational Complex (College) for Rural Women at Dhari, Gujarat of Anoopam Mission, Brahmajyoti, Yogiji Marg, Megri, via Anand, Gujarat-388 345, as an eligible project or scheme for a period of two assessment years commencing from the assessment year 1994-95 ; And whereas the said project or scheme is likely to extend beyond two 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 years and amending the cost of the project from Rs. 32.88 lakhs to Rs. 195 lakhs for expansion of Yogiji Maharaj Mahavidyalaya and education complex ; Now, therefore, the Central Government in exercise of the powers conferred by clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961, hereby specifies the Yogiji Maharaj Mahavidyalaya and Educational Complex (College) for Rural Women at Dhari, Gujarat of Anoopam Mission, Brahmajyoti, Yogiji Marg, Mogri, via Anand, Gujarat-388 345, at the estimated cost of Rs. 195 lakhs as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1996-97. [No. 9764/F. No. NC-30/95]