Exemption u/s 35AC - Central Government had specified the construction of fully equipped hospital named as Ramco Appollo Diagnostic Centre at Rajapalayam, Kamaraj District, Tamil Nadu as an eligible project of scheme - S.O.180(E) - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Exemption under section 35AC extended to specified hospital project with mandated free and concessional patient services. Exemption under section 35AC is extended to the Ramco Appollo Diagnostic Centre at Rajapalayam for two further assessment years from 1996-97, subject to conditions: specified percentages of clinical, X ray, ECG and other routine tests must be provided free or at concessional rates, free treatment must be given to patients below a prescribed family income threshold, and concessional treatment provided to families in a higher income band; these service and income based conditions underpin the project's continued eligibility.
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 extended to specified hospital project with mandated free and concessional patient services.
Exemption under section 35AC is extended to the Ramco Appollo Diagnostic Centre at Rajapalayam for two further assessment years from 1996-97, subject to conditions: specified percentages of clinical, X ray, ECG and other routine tests must be provided free or at concessional rates, free treatment must be given to patients below a prescribed family income threshold, and concessional treatment provided to families in a higher income band; these service and income based conditions underpin the project's continued eligibility.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.