Exemption u/s 35AC - Central Government had specified for ambulance van and medicines for B.M.B. Sarvajanik Hospital by Shree Veda Govindpura Sarvajanik Davakhanu, North Gujarat, as an eligible project or scheme - 511(E) - Income Tax
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Tax exemption for specified charitable project extended following National Committee recommendation, preserving donor deduction eligibility. Central Government specified the ambulance van and medicines scheme for B.M.B. Sarvajanik Hospital, carried out by Shree Veda Govindpura Sarvajanik Davakhanu, as an eligible project under the Explanation to section 35AC. The National Committee recommended further specification after finding proper execution, and the Government specified the project for an additional three years beginning with the assessment year 2001-2002 at the estimated cost stated in the notification.
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Tax exemption for specified charitable project extended following National Committee recommendation, preserving donor deduction eligibility.
Central Government specified the ambulance van and medicines scheme for B.M.B. Sarvajanik Hospital, carried out by Shree Veda Govindpura Sarvajanik Davakhanu, as an eligible project under the Explanation to section 35AC. The National Committee recommended further specification after finding proper execution, and the Government specified the project for an additional three years beginning with the assessment year 2001-2002 at the estimated cost stated in the notification.
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