Government Extends Hospital Project Eligibility in Gujarat u/s 35AC for Three More Years Starting 2000-2001.
The Central Government has extended the eligibility of a project under Section 35AC of the Income-tax Act, 1961, for an additional three years starting from the assessment year 2000-2001. This project, conducted by a public trust in Mehsana, Gujarat, involves the construction, furnishing, equipping, and operation of a hospital in Crozaria. Initially specified in a 1996 notification for three years, the project has been recommended for extension by the National Committee due to satisfactory execution. The estimated cost of the project is fifty-nine lakh rupees.
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