Exemption u/s 35AC - Central Government had specified for Bhaorao Deoras Health Science Institution Lucknow: Purchase of land, construction of building and furnishing, Uttar Pradesh by Bhaorao Deoras Seva Nyas as an eligible project or scheme - 067/2003 - Income Tax
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Exemption under section 35AC extended for Bhaorao Deoras health and training projects for a further three-year period. Central Government extended tax exemption under section 35AC to projects by Bhaorao Deoras Seva Nyas, Lucknow, covering land purchase, construction and furnishing, purchase of vehicles, instruments and equipment, acquisition of books and the running of institutional facilities for a Health Science Institution and an Industrial Training Institute; the extension follows the National Committee's recommendation and applies for a further three year period commencing with the assessment year 2003 2004 at the stated estimated project cost.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended for Bhaorao Deoras health and training projects for a further three-year period.
Central Government extended tax exemption under section 35AC to projects by Bhaorao Deoras Seva Nyas, Lucknow, covering land purchase, construction and furnishing, purchase of vehicles, instruments and equipment, acquisition of books and the running of institutional facilities for a Health Science Institution and an Industrial Training Institute; the extension follows the National Committee's recommendation and applies for a further three year period commencing with the assessment year 2003 2004 at the stated estimated project cost.
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