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Exemption u/s 35AC - Central Government had specified for Equipments and running of Polio Hospital at Ahmedabad, Gujarat, of Polio Foundation, Shah Chimanlal Choottalal Lokhandwala CharitableTrust Hospital Raipur, Ahmedabad, as an eligible project or scheme - S. O. 324(E) - Income Tax Act, 1961
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Tax exemption under section 35AC extended for polio hospital project, specified for a further three-year period. The Central Government specified the project of equipping and running a polio hospital in Ahmedabad by Polio Foundation (Shah Chimanlal Choottalal Lokhandwala Charitable Trust Hospital for the Handicapped) as an eligible project under the income-tax exemption regime for a further three assessment years commencing with the 2000-2001 assessment year, following a National Committee recommendation and an amendment to the estimated project cost.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption under section 35AC extended for polio hospital project, specified for a further three-year period.
The Central Government specified the project of equipping and running a polio hospital in Ahmedabad by Polio Foundation (Shah Chimanlal Choottalal Lokhandwala Charitable Trust Hospital for the Handicapped) as an eligible project under the income-tax exemption regime for a further three assessment years commencing with the 2000-2001 assessment year, following a National Committee recommendation and an amendment to the estimated project cost.
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