Exemption u/s 35 AC - Central Government had specified the scheme of Bhagavatula Charitable Trust, near Railway Station, Andhra Pradesh for extension and running of Grama Arogyalayam at Yellamanchili Town, District Vishakhapatnam as an eligible project or scheme - S.O.263(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
Tax exemption for charitable health project extended after National Committee recommendation, maintaining scheme eligibility for further assessment years. Central Government specified the scheme of Bhagavatula Charitable Trust for extension and running of a Grama Arogyalayam at Yellamanchili as an eligible project under the Explanation to section 35AC. The National Committee, satisfied with execution, recommended further specification under the rules, and the Government, exercising its powers, specified the scheme for a further three assessment years commencing from the stated assessment year at the estimated project cost noted in the notification.
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 charitable health project extended after National Committee recommendation, maintaining scheme eligibility for further assessment years.
Central Government specified the scheme of Bhagavatula Charitable Trust for extension and running of a Grama Arogyalayam at Yellamanchili as an eligible project under the Explanation to section 35AC. The National Committee, satisfied with execution, recommended further specification under the rules, and the Government, exercising its powers, specified the scheme for a further three assessment years commencing from the stated assessment year at the estimated project cost noted in the notification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.