Exemption u/s 35AC - C. G had specified for Construction of Tutorial and Children activity hall/compound wall at Ranasan-Harsol-Sabarkantha, Gujarat by Anjali (Society for Rural Health and Development) Post-Ranasan as an eligible project or scheme - 065/2003 - Income Tax Act, 1961
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Section 35AC exemption extended for rural health and educational project; eligibility continued for a further three year period. The Central Government, under the Explanation to section 35AC, specifies the Anjali (Society for Rural Health and Development) project at Ranasan Harsol Sabarkantha-comprising construction of a tutorial and children activity hall, compound wall, equipment, vehicle, furnishing, and operation of Anjali Hospital and a T.B. centre with children and educational activities-as an eligible project for tax exemption for a further three year period commencing with assessment year 2004 2005, following the National Committee's recommendation; the notification records the estimated project cost and a corpus fund.
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Provisions expressly mentioned in the judgment/order text.
Section 35AC exemption extended for rural health and educational project; eligibility continued for a further three year period.
The Central Government, under the Explanation to section 35AC, specifies the Anjali (Society for Rural Health and Development) project at Ranasan Harsol Sabarkantha-comprising construction of a tutorial and children activity hall, compound wall, equipment, vehicle, furnishing, and operation of Anjali Hospital and a T.B. centre with children and educational activities-as an eligible project for tax exemption for a further three year period commencing with assessment year 2004 2005, following the National Committee's recommendation; the notification records the estimated project cost and a corpus fund.
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