Eligible project specification under section 35AC extends tax-advantaged status for a general hospital project in Jammu. The Central Government specifies the construction of an 80 bed general hospital at Talab Tillo Road, Jammu, by BEE ENN Charitable Trust as an eligible project for the tax incentive under section 35AC for a further three year period commencing with assessment year 2004-2005, following the National Committee's recommendation that the project, which extends beyond nine years, is being executed properly and merits continued recognition.
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Eligible project specification under section 35AC extends tax-advantaged status for a general hospital project in Jammu.
The Central Government specifies the construction of an 80 bed general hospital at Talab Tillo Road, Jammu, by BEE ENN Charitable Trust as an eligible project for the tax incentive under section 35AC for a further three year period commencing with assessment year 2004-2005, following the National Committee's recommendation that the project, which extends beyond nine years, is being executed properly and merits continued recognition.
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