Tax exemption for specified projects: deductions allowed for listed schemes subject to affordability requirements and time limited eligibility. The notification specifies projects eligible for deduction under Section 35AC, listing two institutions with their respective projects and maximum deductible project costs. One entry (Swagat Medical Centre) is made conditional on discounted clinical test rates, provision of free diagnosis to a proportion of low income patients, and a treatment rebate for another income band for a limited period. The notification further prescribes time limited eligibility periods for the listed projects.
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.
Tax exemption for specified projects: deductions allowed for listed schemes subject to affordability requirements and time limited eligibility.
The notification specifies projects eligible for deduction under Section 35AC, listing two institutions with their respective projects and maximum deductible project costs. One entry (Swagat Medical Centre) is made conditional on discounted clinical test rates, provision of free diagnosis to a proportion of low income patients, and a treatment rebate for another income band for a limited period. The notification further prescribes time limited eligibility periods for the listed projects.
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