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Exemption u/s 35AC - Central Government had specified for conduct eye operation, polio operation camps, oxygen cylinder seva and ambulance service all over Gujarat, by Karuna Trust, Ahmedabad, as an eligible project or scheme - Amendment in Notification No. S. 0. 92(E), dated 2nd February, 1962 - S.O.539(E) - Income Tax Act, 1961
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Tax exemption eligibility extended for Karuna Trust health project; government notification also increases the maximum project cost. The Central Government specifies Karuna Trust's program of eye operations, polio camps, oxygen cylinder seva and ambulance service across Gujarat as an eligible project for tax-exemption purposes and, on the National Committee's recommendation, extends its eligibility for a further three years while increasing the maximum sanctioned project cost by amendment to the earlier notification.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption eligibility extended for Karuna Trust health project; government notification also increases the maximum project cost.
The Central Government specifies Karuna Trust's program of eye operations, polio camps, oxygen cylinder seva and ambulance service across Gujarat as an eligible project for tax-exemption purposes and, on the National Committee's recommendation, extends its eligibility for a further three years while increasing the maximum sanctioned project cost by amendment to the earlier notification.
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