Exemption u/s 35AC - Central Government had specified the establishing of Cipla Cancer and AIDS Foundations, Hospice for terminally ill cancer patients ; and Palliative Care Training Centre, by Cipla Cancer and AIDS Foundation, Bombay as an eligible project or scheme - S.O.236(E) - Income Tax Act, 1961
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Section 35AC project specification extended and project cost increased, preserving eligible status for the health scheme. Central Government under section 35AC amended the specification of Cipla Cancer and AIDS Foundation's scheme-(a) Hospice for terminally ill cancer patients and (b) Palliative Care Training Centre-extending its eligible-project status for a further two assessment years commencing 1997-98 and increasing the approved project cost from Rs. 200 lakhs to Rs. 230 lakhs, following the National Committee's recommendation under rule 11M(5) that the project was properly executed.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC project specification extended and project cost increased, preserving eligible status for the health scheme.
Central Government under section 35AC amended the specification of Cipla Cancer and AIDS Foundation's scheme-(a) Hospice for terminally ill cancer patients and (b) Palliative Care Training Centre-extending its eligible-project status for a further two assessment years commencing 1997-98 and increasing the approved project cost from Rs. 200 lakhs to Rs. 230 lakhs, following the National Committee's recommendation under rule 11M(5) that the project was properly executed.
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