Exemption u/s 35AC - Central Government had specified for purchase of equipments, furnishing and construction of building and development of a 80 bedded nature care hospital by Mahatama Prakriti Chikilsa Kendram, Taliparamba, Kerala, as an eligible project or scheme - S.O.926(E) - Income Tax Act, 1961
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Exemption under Income tax Act extended for specified nature care hospital project, eligible for a further three year period. The Central Government, on the National Committee's recommendation that the project is being properly executed, specifies the purchase of equipment, furnishing, construction and development of an 80 bedded nature care hospital by Mahatama Prakriti Chikilsa Kendram as an eligible project for exemption under the Income tax Act for a further period of three years commencing from the assessment year 2002 2003; the notification records the scope to include capital works and an estimated project cost.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exemption under Income tax Act extended for specified nature care hospital project, eligible for a further three year period.
The Central Government, on the National Committee's recommendation that the project is being properly executed, specifies the purchase of equipment, furnishing, construction and development of an 80 bedded nature care hospital by Mahatama Prakriti Chikilsa Kendram as an eligible project for exemption under the Income tax Act for a further period of three years commencing from the assessment year 2002 2003; the notification records the scope to include capital works and an estimated project cost.
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