Eligible project specification under section 35AC extends tax concession eligibility for the hospital expansion project for further assessment periods. Specification under section 35AC designates the expansion of Hindu Mission Hospital at Tambaram, Madras-addition of a Geriatric Division and an Ophthalmic Block-as an eligible project for income-tax benefits, extending eligibility for a further three assessment years and revising the estimated project cost upward following a National Committee recommendation.
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 specification under section 35AC extends tax concession eligibility for the hospital expansion project for further assessment periods.
Specification under section 35AC designates the expansion of Hindu Mission Hospital at Tambaram, Madras-addition of a Geriatric Division and an Ophthalmic Block-as an eligible project for income-tax benefits, extending eligibility for a further three assessment years and revising the estimated project cost upward following a National Committee recommendation.
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