Exemption u/s 35 AC - Central Government had specified the development and extension of educational, medical and sports facilities to rural areas in 50 villages around Ankleshwar, by the Ankleshwar Industrial Development Society, Ankleshwar as an eligible project or scheme

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..... Government had specified the development and extension of educational, medical and sports facilities to rural areas in 50 villages around Ankleshwar, by the Ankleshwar Industrial Development Society, Ankleshwar as an eligible project or scheme NOTIFICATION NO. S.O.218 ( E ) DATED 19-3-1996 Whereas by notification, vide S. O. No. 228(E), dated 17th March, 1996, issued under sub-sect .....

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..... for a further period of two 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 of development and extension of educational, medical and sports facilities to rural areas in 50 villages around Ankleshwar, which are bein .....

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