Notification Under Section 35AC in respect of Sevasangh Sarvajanik Hospital Trust, Modasa-383315, District Sabarkantha, Gujarat - 90/2010 - Income Tax Act, 1961
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Section 35AC deduction limit increased for specified hospital project, allowing higher eligible project cost and corpus fund. Central Government notification under Section 35AC increases the maximum project cost eligible for deduction and the corpus fund component for the 'Hospital Project' carried out by Sevasangh Sarvajanik Hospital Trust, Modasa, Sabarkantha, by substituting the earlier cost and corpus ceiling in the prior notification with higher figures following a recommendation of the National Committee for Promotion of Social and Economic Welfare.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC deduction limit increased for specified hospital project, allowing higher eligible project cost and corpus fund.
Central Government notification under Section 35AC increases the maximum project cost eligible for deduction and the corpus fund component for the "Hospital Project" carried out by Sevasangh Sarvajanik Hospital Trust, Modasa, Sabarkantha, by substituting the earlier cost and corpus ceiling in the prior notification with higher figures following a recommendation of the National Committee for Promotion of Social and Economic Welfare.
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