Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, District Mehsana, Gujarat, by Smt. Savitaben Ramanlal Dahyalal Shah as an eligible project or scheme - 166/2006 - Income Tax Act, 1961
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Exemption under section 35AC extended for specified hospital project for a further period, preserving donor deduction eligibility. The Central Government, under the Explanation to section 35AC, specifies continued eligibility of Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, as an eligible project for tax exemption for a further two years commencing from financial year 2006-2007, following the National Committee's recommendation; the approved project cost remains Rs. 63.75 lakhs including a corpus fund of Rs. 28.00 lakhs.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended for specified hospital project for a further period, preserving donor deduction eligibility.
The Central Government, under the Explanation to section 35AC, specifies continued eligibility of Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, as an eligible project for tax exemption for a further two years commencing from financial year 2006-2007, following the National Committee's recommendation; the approved project cost remains Rs. 63.75 lakhs including a corpus fund of Rs. 28.00 lakhs.
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