Exemption u/s 35AC – Amendments in Notification no. SO 1237(E), dated the October 28, 2003 - projects of 'Construction of school and dispensary buildings, integrated development of the poor and marginalised in Trikkadavoor' by Chooravilla Joseph Development Foundation, Bang.

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..... [F. No. NC-274/08/2008] dated 4-6-2008 Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number SO 1237(E), dated the October 28, 2003, issued under clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) , the Central Government had notified at serial number 1, 'Construction of school and dispensary .....

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..... a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for extending 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-tax Act, 1961 (43 of 1961) , hereby notifies the scheme o .....

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