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Exemption u/s 35AC -notified at serial number 8, 'Equipments and running of Polio Hospital at Ahmedabad, Gujarat' by Polio Foundation, Shah Chimenlal Chhotalal Lokandwaia Charitable Trust Hospital for the Handicapped, Raipur, Chekla, Ahmedabad, as an eligible project or scheme - 46/2009 - Income Tax Act, 1961
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Section 35AC tax exemption specified for polio hospital project; authorised maximum project cost enhanced after committee recommendation. The Central Government specifies the project 'Equipments and running of Polio Hospital at Ahmedabad, Gujarat' as an eligible project for deduction under Section 35AC and, following the National Committee's recommendation, amends the earlier notification to substitute the previously notified maximum project cost with an enhanced figure, increasing the authorised ceiling for claiming the deduction.
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Section 35AC tax exemption specified for polio hospital project; authorised maximum project cost enhanced after committee recommendation.
The Central Government specifies the project "Equipments and running of Polio Hospital at Ahmedabad, Gujarat" as an eligible project for deduction under Section 35AC and, following the National Committee's recommendation, amends the earlier notification to substitute the previously notified maximum project cost with an enhanced figure, increasing the authorised ceiling for claiming the deduction.
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