Exemption u/s 35 AC - Central Government specified the construction of Anand Niketan Vridh Sewa Ashram to provide free accommodation to 159 old people above 60 years of age at NOIDA, by Jan Kalyan Trust, Ghaziabad as an eligible project or scheme - S.O.406(E) - Income Tax Act, 1961
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Exemption under section 35AC extended for elderly care project, qualifying construction as eligible for tax relief. Central Government specified the construction of Anand Niketan Vridh Sewa Ashram by Jan Kalyan Trust, Ghaziabad, to provide free accommodation to 159 persons above 60 at NOIDA as an eligible project under section 35AC, at an estimated cost of rupees one crore eleven lakhs, and extended the specification for a further three assessment years (1997-98 to 1999-2000).
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 for elderly care project, qualifying construction as eligible for tax relief.
Central Government specified the construction of Anand Niketan Vridh Sewa Ashram by Jan Kalyan Trust, Ghaziabad, to provide free accommodation to 159 persons above 60 at NOIDA as an eligible project under section 35AC, at an estimated cost of rupees one crore eleven lakhs, and extended the specification for a further three assessment years (1997-98 to 1999-2000).
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