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Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Rural Development Projects at Thirukkurungudi, Padavedu, Erattai Thirupathi and Thirukkolur Villages of Tamilnadu and Kembal Village of Karnataka by Srinivasan Services Trust

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..... he Income-tax Act, 1961, the Central Government had specified for Rural Development Projects at Thirukkurungudi, Padavedu, Erattai Thirupathi and Thirukkolur Villages of Tamilnadu and Kembal Village of Karnataka by Srinivasan Services Trust Notification No. 314 of 2002 Dated 24th Oct, 2002 S.O. 1116 (E) - Whereas by notification of the Government of India in the Minis .....

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..... mendation 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-tax Act, 1961, (43 of 1961), hereby specifies the scheme or project of Rural Deve .....

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