Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Exemption u/s 35AC - Central Government had specified for the construction of Phase-I of Bhagwan Mahaveer Cancer Hospital and Research Centre by Bhagwan Mahaveer Cancer Hospital and Research Centre, Rajasthan, as an eligible project or scheme - Amendment in N. No S.O. 210(E) dated the 16th March, 98 - 11507 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Income tax exemption under section provision: project specification extended and maximum allowable project cost increased. The government extended specification of the construction of Phase I of Bhagwan Mahaveer Cancer Hospital and Research Centre as an eligible project under the relevant Income tax provision for a further two year period, following the National Committee's recommendation that the project was properly executed and likely to extend beyond six years, and amended the original notification to increase the maximum project cost allowable for deduction.
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.
Income tax exemption under section provision: project specification extended and maximum allowable project cost increased.
The government extended specification of the construction of Phase I of Bhagwan Mahaveer Cancer Hospital and Research Centre as an eligible project under the relevant Income tax provision for a further two year period, following the National Committee's recommendation that the project was properly executed and likely to extend beyond six years, and amended the original notification to increase the maximum project cost allowable for deduction.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.