Exemption u/s 35AC - Central Government had specified for purchase of equipments for children's orthopaedic hospital, furnishing and running of said hospital for diagnosis, by the Society for the Rehabilitation of Crippled Children, Mumbai, as an eligible project or scheme - 514(E) - Income Tax Act, 1961
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Exemption under section 35AC extended for children's orthopaedic hospital project, qualifying it as an eligible scheme for three more years. The Central Government specifies the project of purchase of equipment, furnishing and running of a children's orthopaedic hospital by the Society for the Rehabilitation of Crippled Children, Mumbai, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001 2002, following a National Committee recommendation and exercising powers under the Act; the project is for diagnosis, treatment and rehabilitation of handicapped children at an estimated cost of rupees four crore.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended for children's orthopaedic hospital project, qualifying it as an eligible scheme for three more years.
The Central Government specifies the project of purchase of equipment, furnishing and running of a children's orthopaedic hospital by the Society for the Rehabilitation of Crippled Children, Mumbai, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001 2002, following a National Committee recommendation and exercising powers under the Act; the project is for diagnosis, treatment and rehabilitation of handicapped children at an estimated cost of rupees four crore.
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