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Exemption u/s 35AC - Central Government had notified 'Eye Operation, equipments/instrument for Sarvoday Eye Hospital/Eye Camps at Radhanpur, Gujarat and Rajasthan' as an eligible project or scheme. - 03/2009/S.O. 232(E) - Income Tax Act, 1961
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Exemption under Section 35AC extended for an eye-care project, with amended project cost and continued eligibility. The Central Government, under the Explanation to Section 35AC and relevant Income-tax Rules, notifies continuation of the 'Eye Operation, equipments/instrument for Sarvoday Eye Hospital/Eye Camps at Radhanpur, Gujarat and Rajasthan' project as an eligible scheme for three additional financial years beginning 2009-2010, and amends the Table in the original notification to increase the maximum sanctioned project cost to Rs.125.00 lakhs following the National Committee's recommendation.
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Provisions expressly mentioned in the judgment/order text.
Exemption under Section 35AC extended for an eye-care project, with amended project cost and continued eligibility.
The Central Government, under the Explanation to Section 35AC and relevant Income-tax Rules, notifies continuation of the "Eye Operation, equipments/instrument for Sarvoday Eye Hospital/Eye Camps at Radhanpur, Gujarat and Rajasthan" project as an eligible scheme for three additional financial years beginning 2009-2010, and amends the Table in the original notification to increase the maximum sanctioned project cost to Rs.125.00 lakhs following the National Committee's recommendation.
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