Exemption u/s 35AC - Central govt. had specified project of scheme for Equipments arid vehicle, running of Eye Hospital/camps at Bharatpur, Rajasthan, by Friendship Foundation Trust as an eligible project or scheme - Amendment in N. No. S.O.206(E) dated the 17th March, 1997 - 039/2005 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Exemption under section 35AC: specified eye-hospital project extended and cost ceiling amended to include a corpus fund. Central Government re-specifies the equipment-and-vehicle scheme for running an eye hospital/camps at Bharatpur carried out by Friendship Foundation Trust as an eligible project under the Explanation to section 35AC for a further three years commencing from the financial year 2004-2005, and amends the original notification's table to substitute the prior maximum allowable project cost with a revised amount that includes an added corpus fund component as the new ceiling for deductions under section 35AC.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC: specified eye-hospital project extended and cost ceiling amended to include a corpus fund.
Central Government re-specifies the equipment-and-vehicle scheme for running an eye hospital/camps at Bharatpur carried out by Friendship Foundation Trust as an eligible project under the Explanation to section 35AC for a further three years commencing from the financial year 2004-2005, and amends the original notification's table to substitute the prior maximum allowable project cost with a revised amount that includes an added corpus fund component as the new ceiling for deductions under section 35AC.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.