Exemption u/s 35AC - Central Government specifies the project of Sri Sathya Sai Medical Trust, Anantpur (Andhra Pradesh) as an eligible project or scheme - S.O.244(E) - Income Tax Act, 1961
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Exemption under section 35AC: project specification enables tax benefit for specified medical units in Andhra Pradesh. Specification under the explanatory clause to section 35AC designates the Sri Sathya Sai Medical Trust, Anantpur project for establishment of Urology and Nephrology, and Neurology units in the Speciality Hospital at Prasanthi Nilayam as an eligible project for tax exemption purposes, following Central Government action on the National Committee's 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.
Exemption under section 35AC: project specification enables tax benefit for specified medical units in Andhra Pradesh.
Specification under the explanatory clause to section 35AC designates the Sri Sathya Sai Medical Trust, Anantpur project for establishment of Urology and Nephrology, and Neurology units in the Speciality Hospital at Prasanthi Nilayam as an eligible project for tax exemption purposes, following Central Government action on the National Committee's recommendation.
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