Exemption u/s 35AC the C. G. had specified for Interior decoration and finishing of hospital building, purchase of medical equipments/instruments etc. by R.N.S. Trust as an eligible project or scheme - 298/2006 - Income Tax Act, 1961
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Exemption under Section 35AC extended allowing continued eligibility for hospital development project and preservation of approved project cost. The Central Government re-specifies the scheme carried out by R.N.S. Trust for interior decoration and finishing of a hospital building and purchase of medical equipment as an eligible project for a further three-year period commencing with financial year 2006-07, following a National Committee recommendation and without any change to the previously approved project cost of Rs. 864.40 lakhs.
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Provisions expressly mentioned in the judgment/order text.
Exemption under Section 35AC extended allowing continued eligibility for hospital development project and preservation of approved project cost.
The Central Government re-specifies the scheme carried out by R.N.S. Trust for interior decoration and finishing of a hospital building and purchase of medical equipment as an eligible project for a further three-year period commencing with financial year 2006-07, following a National Committee recommendation and without any change to the previously approved project cost of Rs. 864.40 lakhs.
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