Exemption u/s 35AC - of the Income-tax Act, 1961, the Central Government had specified for help/assistance to patients for medical aid, education, foodgrains, by Jivan Jyot Charitable Trust as an eligible project or scheme - 017/2007 [F.No.NC-274/03/2007]- SO. 1161(E) - Income Tax Act, 1961
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Exemption under section 35AC extended and project cost increased for charitable medical and relief scheme. The Central Government specifies the scheme carried out by Jivan Jyot Charitable Trust for help and assistance to patients in the form of medical aid, education and foodgrains as an eligible project under section 35AC of the Income-tax Act for a further period of three years beginning with financial year 2007-08, and amends the earlier notification to substitute the previously specified maximum project cost (including corpus) with an enhanced maximum project cost (including an increased corpus fund).
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35AC extended and project cost increased for charitable medical and relief scheme.
The Central Government specifies the scheme carried out by Jivan Jyot Charitable Trust for help and assistance to patients in the form of medical aid, education and foodgrains as an eligible project under section 35AC of the Income-tax Act for a further period of three years beginning with financial year 2007-08, and amends the earlier notification to substitute the previously specified maximum project cost (including corpus) with an enhanced maximum project cost (including an increased corpus fund).
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