Exemption u/s 35AC - Central Government had specified for Purchase of office premises, furniture/fixtures and medical relief to economically weaker sections of the society by Sunrise Charitable Trust, Gujarat as an eligible project or scheme - 245/2005 - Income Tax Act, 1961
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Exemption under section 35AC: specification extended for a charitable project enabling continued tax exempt contributions. The Central Government, under the powers of section 35AC, specifies that Sunrise Charitable Trust's project for purchase of office premises, furniture/fixtures and provision of medical relief to economically weaker sections in Kheda, Gujarat remains an eligible project for tax exemption for a further three years beginning from financial year 2005 06, without any change in the previously approved cost, following the National Committee's recommendation under rule 11M.
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: specification extended for a charitable project enabling continued tax exempt contributions.
The Central Government, under the powers of section 35AC, specifies that Sunrise Charitable Trust's project for purchase of office premises, furniture/fixtures and provision of medical relief to economically weaker sections in Kheda, Gujarat remains an eligible project for tax exemption for a further three years beginning from financial year 2005 06, without any change in the previously approved cost, following the National Committee's recommendation under rule 11M.
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