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Exemption u/s 35AC - Central Government had specified for Construction of dwelling units for the rural poor and Health Education of Ramakrishna Mission Belur Math as an eligible projects or schemes - S.O.181(E) - Income Tax Act, 1961
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Exemption under income tax: government extends eligible project status to rural housing and mobile medical services. Central government extends tax-exempt status under Income Tax law to two Ramakrishna Mission Belur Math schemes for a further three assessment years commencing 1996-97: construction of dwelling units for the rural poor at Hooghly, and mobile medical services and health education in Bankura District; the extension is based on a National Committee recommendation that the schemes are properly executed and follows procedural rules governing specification of eligible projects.
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Provisions expressly mentioned in the judgment/order text.
Exemption under income tax: government extends eligible project status to rural housing and mobile medical services.
Central government extends tax-exempt status under Income Tax law to two Ramakrishna Mission Belur Math schemes for a further three assessment years commencing 1996-97: construction of dwelling units for the rural poor at Hooghly, and mobile medical services and health education in Bankura District; the extension is based on a National Committee recommendation that the schemes are properly executed and follows procedural rules governing specification of eligible projects.
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