Exemption u/s 35AC - specified at serial number 12, 'Purchase of equipments for Manual Rikhavchand Kothari Lions Orthopedic and GeneralHospital and running of said hospital at Gujarat', by Navsari Lions Sarvajanik Charitable Trust, Gujarat, as an eligible project or scheme - 54/2009 - Income Tax Act, 1961
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Exemption under section 35AC: extension of eligibility for hospital equipment purchase and operations by a charitable trust. The Central Government notifies that the project 'Purchase of equipments for Manilal Rikhavchand Kothari Lions Orthopedic and General Hospital and running of said hospital' by Navsari Lions Sarvajanik Charitable Trust remains an eligible project or scheme for income-tax exemption, with the approved cost retained including a corpus fund, and extends that eligibility for a further three-year period beginning with the financial year 2009-2010, following the National Committee's recommendation.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC: extension of eligibility for hospital equipment purchase and operations by a charitable trust.
The Central Government notifies that the project "Purchase of equipments for Manilal Rikhavchand Kothari Lions Orthopedic and General Hospital and running of said hospital" by Navsari Lions Sarvajanik Charitable Trust remains an eligible project or scheme for income-tax exemption, with the approved cost retained including a corpus fund, and extends that eligibility for a further three-year period beginning with the financial year 2009-2010, following the National Committee's recommendation.
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