Exemption u/s 35AC - Central Government had specified for construction, furnishing and running of South Block of Ashram Sarvana Old Age Home and Eye-cum-General Hospital at Ramanayyapeta Village by Association for the Care of the Aged as an eligible project or scheme - 125/2003- S.O. 534(E) - Income Tax Act, 1961
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Exemption under section 35AC extended to a specified charitable construction and running project, preserving donor tax relief. The Central Government specified the construction, furnishing and running of the South Block of Ashram Sarvana Old Age Home and Eye-cum-General Hospital at Ramanayyapeta Village by Association for the Care of the Aged as an eligible project under section 35AC, and, following the National Committee's recommendation, extended that specification for a further three-year period commencing with the assessment year 2004-2005.
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 extended to a specified charitable construction and running project, preserving donor tax relief.
The Central Government specified the construction, furnishing and running of the South Block of Ashram Sarvana Old Age Home and Eye-cum-General Hospital at Ramanayyapeta Village by Association for the Care of the Aged as an eligible project under section 35AC, and, following the National Committee's recommendation, extended that specification for a further three-year period commencing with the assessment year 2004-2005.
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