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Exemption u/s 35AC the C. G. had specified for Eye operation, equipments/instrument for Sarvoday Eye Hospital/Eye Camps at Radhanpur, Gujarat and Rajasthan, by Sarvoday Arogya Nidhi as an eligible project or scheme - 292/2006 - Income Tax Act, 1961
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Exemption under section 35AC extended to Sarvoday Arogya Nidhi's eye operation project, preserving approved project cost and eligibility. The Central Government, acting under the Explanation to section 35AC of the Income tax Act and on the National Committee's recommendation under rule 11M(5), specifies the eye operation scheme and associated equipment for Sarvoday Eye Hospital/Eye Camps at Radhanpur, Gujarat and Rajasthan as an eligible project for a further three year period commencing with financial year 2006 07, without any change in the approved project cost of Rs.67.00 lakhs.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended to Sarvoday Arogya Nidhi's eye operation project, preserving approved project cost and eligibility.
The Central Government, acting under the Explanation to section 35AC of the Income tax Act and on the National Committee's recommendation under rule 11M(5), specifies the eye operation scheme and associated equipment for Sarvoday Eye Hospital/Eye Camps at Radhanpur, Gujarat and Rajasthan as an eligible project for a further three year period commencing with financial year 2006 07, without any change in the approved project cost of Rs.67.00 lakhs.
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