U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Madras Egmore Lions Blood Bank & Research Foundation, Chennai - 114/2013 - Income Tax Act, 1961
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Eligible project extension under Section 35AC: blood bank equipment project granted a further three-year notification period. Notification under Section 35AC extends specification of the 'Blood Bank Medical Equipment and facilities expansion project' by Madras Egmore Lions Blood Bank & Research Foundation as an eligible project without change in the approved cost of Rs. 5.04 crore, for a further three-year period beginning with the 2013-14 financial year, following the National Committee's recommendation that the project is being executed properly and will extend beyond the initial three-year term.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Eligible project extension under Section 35AC: blood bank equipment project granted a further three-year notification period.
Notification under Section 35AC extends specification of the "Blood Bank Medical Equipment and facilities expansion project" by Madras Egmore Lions Blood Bank & Research Foundation as an eligible project without change in the approved cost of Rs. 5.04 crore, for a further three-year period beginning with the 2013-14 financial year, following the National Committee's recommendation that the project is being executed properly and will extend beyond the initial three-year term.
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