U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On –Jain Social Federation's Anandrishiji Hospital & Medical Research Centre, Maharashtra - 110/2015 - Income Tax Act, 1961
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Income tax incentive extension: eligible hospital plant and infrastructure project notified for a further three-year period under tax rules. The notification reaffirms that the 'Purchase and installation of plant and machinery, expansion of infrastructure' project by Jain Social Federation's Anandrishiji Hospital & Medical Research Centre is an eligible project under the Income-tax Act and, following recommendation by the National Committee, is extended for a further three financial years commencing with 2014-15, preserving the approved project cost of Rs. 11.30 crore.
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Provisions expressly mentioned in the judgment/order text.
Income tax incentive extension: eligible hospital plant and infrastructure project notified for a further three-year period under tax rules.
The notification reaffirms that the "Purchase and installation of plant and machinery, expansion of infrastructure" project by Jain Social Federation's Anandrishiji Hospital & Medical Research Centre is an eligible project under the Income-tax Act and, following recommendation by the National Committee, is extended for a further three financial years commencing with 2014-15, preserving the approved project cost of Rs. 11.30 crore.
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