Exemption u/s 35AC - Central Government had specified for the Running of Arpan Eye Bank by Arpan Trust, Bombay as an eligible project or scheme - Amendment in Notification No. S. O. 212(E), dated the 17th March, 1997 - 11495 - Income Tax
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Exemption under section 35AC extended to Arpan Eye Bank, specifying further eligibility and increasing the allowable project cost. The Central Government specifies the Arpan Eye Bank project carried out by Arpan Trust as an eligible project under section 35AC for a further three years beginning with assessment year 2001-2002, following the National Committee's recommendation that the project is properly executed and likely to extend beyond six years; the notification also amends the Table entry to increase the maximum project cost allowed as deduction under section 35AC for that project.
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 to Arpan Eye Bank, specifying further eligibility and increasing the allowable project cost.
The Central Government specifies the Arpan Eye Bank project carried out by Arpan Trust as an eligible project under section 35AC for a further three years beginning with assessment year 2001-2002, following the National Committee's recommendation that the project is properly executed and likely to extend beyond six years; the notification also amends the Table entry to increase the maximum project cost allowed as deduction under section 35AC for that project.
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