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Exemption u/s 35AC - Central Government had specified for expansion of Hindu Mission Hospital by addition of Geriatric Division and Opthalmic Block to benefit people living in and around Tambaram, Tamilnadu, by Hindu Mission Hospital, Madras, as an eligible project or scheme - 513(E) - Income Tax Act, 1961
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Section 35AC exemption extended for Hindu Mission Hospital expansion, qualifying the project as an eligible scheme for further tax relief. The Central Government specifies the expansion of Hindu Mission Hospital by addition of a Geriatric Division and an Ophthalmic Block at Tambaram, Tamilnadu, as an eligible project or scheme for purposes of exemption under Section 35AC, following a National Committee recommendation that the project is being executed properly; the specification is extended for a further three years beginning with the assessment year 2001-2002.
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Section 35AC exemption extended for Hindu Mission Hospital expansion, qualifying the project as an eligible scheme for further tax relief.
The Central Government specifies the expansion of Hindu Mission Hospital by addition of a Geriatric Division and an Ophthalmic Block at Tambaram, Tamilnadu, as an eligible project or scheme for purposes of exemption under Section 35AC, following a National Committee recommendation that the project is being executed properly; the specification is extended for a further three years beginning with the assessment year 2001-2002.
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