Exemption u/s 35 AC - Central Government had specified for construction, furnishing, equipment and running of hospital at Crozaria, District Mehsana, of Smt. Samarthben Chunilal and Sheth Dosabhai Madhavji Sarvajanik Trust, District Mehsana as an eligible project or scheme - S. O. 101(E) - Income Tax Act, 1961
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Exemption under section 35AC extended for the specified hospital construction and operation project for three further assessment years. Relying on the National Committee's recommendation and powers under the Explanation to section 35AC and Income-tax Rules, the Central Government specified the construction, furnishing, equipment and running of the hospital at Crozaria by Smt. Samarthben Chunilal and Sheth Dosabhai Madhavji Sarvajanik Trust as an eligible project or scheme for a further three assessment years commencing from the assessment year 2000-2001, at the estimated cost stated in the notification.
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Exemption under section 35AC extended for the specified hospital construction and operation project for three further assessment years.
Relying on the National Committee's recommendation and powers under the Explanation to section 35AC and Income-tax Rules, the Central Government specified the construction, furnishing, equipment and running of the hospital at Crozaria by Smt. Samarthben Chunilal and Sheth Dosabhai Madhavji Sarvajanik Trust as an eligible project or scheme for a further three assessment years commencing from the assessment year 2000-2001, at the estimated cost stated in the notification.
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