Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Purchase of equipments, furnishing and running of medical services etc. of Shri Chandracharya Charitable Hospital & Research Centre at Amarkantak, by Shri Chandracharya Dharmarth Chikitsalaya Trust as an eligible project or scheme - 012/2006- S.O.143(E) - Income Tax

Tax exemption under section 35AC extended for charitable hospital project; eligibility renewed for one additional year.

The Central Government specified the Shri Chandracharya Dharmarth Chikitsalaya Trust project for purchase of equipment, vehicle and ambulance, furnishing, running medical services and research in herbal and ayurvedic medicines and treatment of diseases as an eligible project for the Income-tax exemption provision, and, on the Committee's recommendation that execution is proper, extended that specification for one additional year commencing from the financial year 2005-2006 without any change in the approved estimated cost.