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Exemption u/s 35AC - Central Government had specified the land development, construction, furnishing, installation of equipment and running of Palliative Care Centre at Pune, of Cipla Cancer and Aids Foundation, Mumbai as an eligible project or scheme - S. O. 98(E) - Income Tax Act, 1961
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Tax exemption eligibility extended for a palliative care project, preserving specified charitable project status after committee recommendation. The Central Government specifies the land development, construction, furnishing, installation of equipment and running of a Palliative Care Centre at Pune by Cipla Cancer and Aids Foundation as an eligible project under section 35AC, extending the prior specification for a further three assessment years commencing from the assessment year 2000-2001, on the National Committee's recommendation and noting an estimated project cost of rupees seven crores fifteen lakhs.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption eligibility extended for a palliative care project, preserving specified charitable project status after committee recommendation.
The Central Government specifies the land development, construction, furnishing, installation of equipment and running of a Palliative Care Centre at Pune by Cipla Cancer and Aids Foundation as an eligible project under section 35AC, extending the prior specification for a further three assessment years commencing from the assessment year 2000-2001, on the National Committee's recommendation and noting an estimated project cost of rupees seven crores fifteen lakhs.
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