Exemption u/s 35AC - specified institution as an eligible project or scheme - S.O.618(E) - Income Tax

Exemption u/s 35AC - specified institution as an eligible project or scheme NOTIFICATION NO. S.O.618 ( E ) DATED 10-8-1992 In exercise of the powers conferred by clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National Committee, hereby specifies the eligible projects and schemes and the estimated cost thereof as mentioned in columns (3) and (4) respectively of the Table below to be undertaken by the company specified in the corresponding entry in column (2) of the said Table. TABLE Sl No. Name of the company Project or scheme Estimated cost of the project or scheme 1 2 3 4 The Peerless General Finance and Investment Company Ltd. Pedestrian Overbridge at Ultadanga, VIP Road Crossing in Calcutta Contributions made from 1-4-92 will be chargeable for the benefit under section 35AC. The project has been approved for its balance estimated cost of Rs. 44.32 lakhs. 2. This notification shall remain in force for a period of three years in relation to the assessment years 1993-94, 1994-95 and 1995-96. [No. 9066/F. No. 133/257/92-TPL]