U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Haji Abdul Majid Memorial Public Trust, Nagaon, Assam - S.O. 1030(E) - Income Tax Act, 1961
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Eligible project under section 35AC extended, allowing qualifying expenditure for the hospital and research centre to remain specified. The Central Government specifies the construction, equipping, furnishing and operation of a hospital and research centre at Hojai, Nagaon, by Haji Abdul Majid Memorial Public Trust as an eligible project under section 35AC for a further specified period following a National Committee recommendation that the project is being properly executed and extending beyond its initial term; qualifying expenditure will retain the tax treatment for that period, with the estimated project cost recorded in the notification.
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Eligible project under section 35AC extended, allowing qualifying expenditure for the hospital and research centre to remain specified.
The Central Government specifies the construction, equipping, furnishing and operation of a hospital and research centre at Hojai, Nagaon, by Haji Abdul Majid Memorial Public Trust as an eligible project under section 35AC for a further specified period following a National Committee recommendation that the project is being properly executed and extending beyond its initial term; qualifying expenditure will retain the tax treatment for that period, with the estimated project cost recorded in the notification.
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