Exemption u/s 35AC - notified at serial number 10, 'Establishment and running of the school and hospital' by H.B.S. Trust, (Human Benefits Service Trust), First Floor, Ratanada, Jodhpur, (Rajasthan), as an eligible project or scheme - 116/2009 - Income Tax Act, 1961
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Tax exemption under Section 35AC extended for H.B.S. Trust project, permitting eligible donations to support school and hospital operations. Notification declares the H.B.S. Trust project 'Establishment and running of the school and hospital' an eligible project under Section 35AC for a further three-year period beginning with financial year 2009-2010, based on the National Committee's recommendation that the project is being properly executed. The extension is confirmed without any change to the previously approved project cost.
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.
Tax exemption under Section 35AC extended for H.B.S. Trust project, permitting eligible donations to support school and hospital operations.
Notification declares the H.B.S. Trust project "Establishment and running of the school and hospital" an eligible project under Section 35AC for a further three-year period beginning with financial year 2009-2010, based on the National Committee's recommendation that the project is being properly executed. The extension is confirmed without any change to the previously approved project cost.
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