Exemption u/s 35AC - Central Govt. had specified for Construction of Gurukul or Gyan Mandir and Health Care clinic- Ahmedabad, by Sri Simandhar Swami Aradhana Trust as an eligible project or scheme - 149/2004 - Income Tax Act, 1961
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Exemption under section 35AC: eligible project status extended three years for trust's Gurukul and health clinic construction. The Central Government specified the construction/expansion and running of a Gurukul (Gyan Mandir) and health care clinic by Sri Simandhar Swami Aradhana Trust in Ahmedabad as an eligible project for tax exemption under section 35AC, extending the original two-year specification by a further three years commencing from the financial year 2004-2005 following the National Committee's recommendation.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC: eligible project status extended three years for trust's Gurukul and health clinic construction.
The Central Government specified the construction/expansion and running of a Gurukul (Gyan Mandir) and health care clinic by Sri Simandhar Swami Aradhana Trust in Ahmedabad as an eligible project for tax exemption under section 35AC, extending the original two-year specification by a further three years commencing from the financial year 2004-2005 following the National Committee's recommendation.
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