Exemption u/s 35AC - Central Government had notified, 'Construction of 76 Bed Multi Specialty Hospital' by Lakulish International Fellowship's Enlightenment (Life) Mission, Block A, Second Floor, RBG Complex, Bahucharaji Road, Karelibag, Vadodara - 390 018, as an eligible project or scheme - S.O. 2396(E) - Income Tax Act, 1961
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Exemption under section 35AC: construction of multi specialty hospital approved for extension, not valid for funds collected in elapsed year. Notification extends eligibility under section 35AC to the 'Construction of 76 Bed Multi Specialty Hospital' by Lakulish International Fellowship's Enlightenment (Life) Mission for a further three years beginning with financial year 2007-08, with no change to the approved cost; approval does not apply to funds collected during financial year 2007-08 and no certificate for exemption of donation under section 35AC(1) shall be issued for that year.
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: construction of multi specialty hospital approved for extension, not valid for funds collected in elapsed year.
Notification extends eligibility under section 35AC to the 'Construction of 76 Bed Multi Specialty Hospital' by Lakulish International Fellowship's Enlightenment (Life) Mission for a further three years beginning with financial year 2007-08, with no change to the approved cost; approval does not apply to funds collected during financial year 2007-08 and no certificate for exemption of donation under section 35AC(1) shall be issued for that year.
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