TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Government Extends Tax-Exempt Status for Rural Medical Project Under Section 35AC for Three More Years</h1> The Central Government has extended the designation of a project by a foundation in Mumbai as eligible under Section 35AC of the Income-tax Act, 1961. Initially specified by a notification in 1995 for a three-year period starting from the 1996-97 assessment year, the project involves the construction, equipment, furnishing, and operation of a rural medical and research center. Due to its continued execution, the National Committee recommended an extension. Consequently, the project is now specified for an additional three years starting from the 1999-2000 assessment year, with an estimated cost of 200 lakhs.
TaxTMI 