Exemption u/s 35AC - Central Government had specified for construction of fully equipped hospital named as Ramco Apollo diagnostic Centre, Tamil Nadu as an eligible project or scheme - S. O. 433(E) - Income Tax Act, 1961
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Exemption under section 35AC extended for hospital project with mandated free and concessional care provisions. Exemption under section 35AC is specified for construction of Ramco Apollo Diagnostic Centre, Rajapalayam, subject to operational conditions: defined proportions of free and concessional diagnostic services, income based free treatment and concessional treatment bands, execution by P.A.C. Ramasamy Raja Centenary Trust at an estimated cost, and compliance with these conditions. The Central Government extends the project's specification for a further three assessment years commencing with assessment year 1998 99, on recommendation of the National Committee.
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 hospital project with mandated free and concessional care provisions.
Exemption under section 35AC is specified for construction of Ramco Apollo Diagnostic Centre, Rajapalayam, subject to operational conditions: defined proportions of free and concessional diagnostic services, income based free treatment and concessional treatment bands, execution by P.A.C. Ramasamy Raja Centenary Trust at an estimated cost, and compliance with these conditions. The Central Government extends the project's specification for a further three assessment years commencing with assessment year 1998 99, on recommendation of the National Committee.
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