Exemption u/s 35 AC - Central Government had specified the scheme of Saurashtra Medical Centre, Gujarat for Project for eradication of Tuberculosis by treating 24,000 patients in 662 villages of Surendranagar District of Gujarat as an eligible project or scheme - S.O.391(E) - Income Tax Act, 1961
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Exemption under section 35AC extended for a public health and hospital upgrade project, authorising continued eligibility. Central Government specifies the scheme of Saurashtra Medical Centre as an eligible project under the Explanation to section 35AC for (a) eradication of tuberculosis by treating 24,000 patients in 662 villages of Surendranagar District and (b) upgradation and installation of modern equipment in orthopaedic and eye hospitals, and, on recommendation of the National Committee, extends the specification for a further three assessment years commencing from the assessment year 1998 99.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended for a public health and hospital upgrade project, authorising continued eligibility.
Central Government specifies the scheme of Saurashtra Medical Centre as an eligible project under the Explanation to section 35AC for (a) eradication of tuberculosis by treating 24,000 patients in 662 villages of Surendranagar District and (b) upgradation and installation of modern equipment in orthopaedic and eye hospitals, and, on recommendation of the National Committee, extends the specification for a further three assessment years commencing from the assessment year 1998 99.
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