Exemption u/s 35AC - notified at serial number 7, 'Construction, equipments with all amenities of Vrudhashram and EyeHospital at Sachina, Village Haripur, Taluk Viramgam District Ahmedabad Gujarat' by Shri Hari Public Charitable Trust, Ahmedabad, as an eligible project or scheme - 115/2009 - Income Tax Act, 1961
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Exemption under section 35AC extended for Vrudhashram and Eye Hospital project; certificates not valid for the elapsed financial year. Notification designates the construction and equipping of a Vrudhashram and Eye Hospital at Sachina by Shri Hari Public Charitable Trust as an eligible project under the Income tax Act for a further three year period beginning with financial year 2008 2009, retaining the approved project cost and relying on the National Committee's recommendation that the project is being properly executed. The notification excludes the already elapsed financial year 2008 2009 from issuance of exemption certificates for donations, so no certificate will be issued for funds collected during that year.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended for Vrudhashram and Eye Hospital project; certificates not valid for the elapsed financial year.
Notification designates the construction and equipping of a Vrudhashram and Eye Hospital at Sachina by Shri Hari Public Charitable Trust as an eligible project under the Income tax Act for a further three year period beginning with financial year 2008 2009, retaining the approved project cost and relying on the National Committee's recommendation that the project is being properly executed. The notification excludes the already elapsed financial year 2008 2009 from issuance of exemption certificates for donations, so no certificate will be issued for funds collected during that year.
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