Exemption u/s 35AC - Central Government had specified for purchase of medical equipments, medical vans/ambulance and expansion of OPD building by Ashwini Kumar Medical Relief Society (AMRS), Mumbai, as an eligible project or scheme - S.O.1214(E) - Income Tax Act, 1961
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Section 35AC eligible project designation extended for medical equipment, ambulance and OPD expansion, continuing exemption eligibility. Central Government specified the project of AMRS for purchase of medical equipment, medical vans/ambulance and OPD expansion as an eligible project or scheme under section 35AC, and, on the National Committee's recommendation that the project is being executed properly, extended that designation for a further three-year period commencing from the assessment year 2002-2003, noting estimated project cost and corpus fund.
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.
Section 35AC eligible project designation extended for medical equipment, ambulance and OPD expansion, continuing exemption eligibility.
Central Government specified the project of AMRS for purchase of medical equipment, medical vans/ambulance and OPD expansion as an eligible project or scheme under section 35AC, and, on the National Committee's recommendation that the project is being executed properly, extended that designation for a further three-year period commencing from the assessment year 2002-2003, noting estimated project cost and corpus fund.
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