Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of extension building and running of the project by Guru Nanak Quin Centenary Memorial Hospital Trust - 047/2007- S.O. 248(E) - Income Tax Act, 1961
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Specification under section 35AC: hospital construction and running project extended as eligible for a further period. Specification under the Explanation to section 35AC designates the Guru Nanak Quin Centenary Memorial Hospital Trust's construction and running of an extension, equipment purchase, repairs/renovation, and operation of the project as an eligible project for tax incentive purposes; the Central Government, on the National Committee's recommendation and without any change to the approved cost including a corpus fund, specifies the scheme as eligible for a further period commencing from the stated financial year.
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.
Specification under section 35AC: hospital construction and running project extended as eligible for a further period.
Specification under the Explanation to section 35AC designates the Guru Nanak Quin Centenary Memorial Hospital Trust's construction and running of an extension, equipment purchase, repairs/renovation, and operation of the project as an eligible project for tax incentive purposes; the Central Government, on the National Committee's recommendation and without any change to the approved cost including a corpus fund, specifies the scheme as eligible for a further period commencing from the stated financial year.
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