Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for construction of building, equipment, furnishing and running of Hospital and Research Centre at Hojai, Assam by Haji Abdul Majid Memorial Public Trust - 118/2007 - Income Tax Act, 1961
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Section 35AC project specification extended for hospital and research centre, preserving prior eligibility and approved cost. The Central Government, exercising powers under the Explanation to the Income tax Act, specifies the construction, equipment, furnishing and running of the Hospital and Research Centre at Hojai by Haji Abdul Majid Memorial Public Trust, without any change in the approved project cost of Rs. 7593.00 lakhs, as an eligible project for tax relief for a further three-year period commencing from the financial year 2006-07, following recommendation by the National Committee for Promotion of Social and Economic Welfare.
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Section 35AC project specification extended for hospital and research centre, preserving prior eligibility and approved cost.
The Central Government, exercising powers under the Explanation to the Income tax Act, specifies the construction, equipment, furnishing and running of the Hospital and Research Centre at Hojai by Haji Abdul Majid Memorial Public Trust, without any change in the approved project cost of Rs. 7593.00 lakhs, as an eligible project for tax relief for a further three-year period commencing from the financial year 2006-07, following recommendation by the National Committee for Promotion of Social and Economic Welfare.
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