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Exemption u/s 35AC - Central Government had specified for construction of building for expansion of hospital, purchase of equipments, vehicle, furnishing and running of Eye by Lions Comprehensive Eye Care Foundation, Miraj, Maharashtra, as an eligible project or scheme - S.O.1212(E) - Income Tax Act, 1961
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Exemption under section 35AC extended for specified eye hospital project, allowing qualifying donations for construction and equipment. Central Government specifies extension of eligibility for Lions Comprehensive Eye Care Foundation's eye hospital project-covering construction for hospital expansion, purchase of equipment and vehicle, furnishing and running the hospital-as an eligible project or scheme under the Income-tax Act for a further period of three years commencing from the assessment year 2002-2003, following the National Committee's recommendation and noting the 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 section 35AC extended for specified eye hospital project, allowing qualifying donations for construction and equipment.
Central Government specifies extension of eligibility for Lions Comprehensive Eye Care Foundation's eye hospital project-covering construction for hospital expansion, purchase of equipment and vehicle, furnishing and running the hospital-as an eligible project or scheme under the Income-tax Act for a further period of three years commencing from the assessment year 2002-2003, following the National Committee's recommendation and noting the estimated project cost.
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