U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Sant Baba Bhag Singh Memorial Charitable Society, Punjab - 182/2015 - Income Tax Act, 1961
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Extension of eligible project status under Section 35AC continues rural health care designation but bars certificate for lapsed year. The Central Government, upon recommendation of the National Committee, notifies continuation of the Sant Baba Bhag Singh Rural Health Care System as an eligible project under Section 35AC of the Income-tax Act without change to the approved cost, for a further three year period, and specifies that no certificate under Section 35AC will be issued for the first year of that extended period because it had already lapsed.
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.
Extension of eligible project status under Section 35AC continues rural health care designation but bars certificate for lapsed year.
The Central Government, upon recommendation of the National Committee, notifies continuation of the Sant Baba Bhag Singh Rural Health Care System as an eligible project under Section 35AC of the Income-tax Act without change to the approved cost, for a further three year period, and specifies that no certificate under Section 35AC will be issued for the first year of that extended period because it had already lapsed.
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