Exemption for 'Construction of Maharaja Agrasen Hospital at Agroha, Haryana' by Maharaja Agrasen Medical Education & Scientific Research Society, New Delhi' u/s 35AC of the Income-tax Act, 1961 - SO 1299(E) - Income Tax Act, 1961
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Exemption under section 35AC extended for Maharaja Agrasen Hospital project but not valid for the elapsed financial year. The Central Government extends designation of the 'Construction of Maharaja Agrasen Hospital at Agroha' as an eligible project or scheme for a further three years beginning with financial year 2007-08 without changing the approved cost of forty crore rupees, on the recommendation of the National Committee; however, because financial year 2007-08 has elapsed, the approval does not apply to funds collected in that year and no certificate for exemption of donations for that year will be issued.
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 for Maharaja Agrasen Hospital project but not valid for the elapsed financial year.
The Central Government extends designation of the 'Construction of Maharaja Agrasen Hospital at Agroha' as an eligible project or scheme for a further three years beginning with financial year 2007-08 without changing the approved cost of forty crore rupees, on the recommendation of the National Committee; however, because financial year 2007-08 has elapsed, the approval does not apply to funds collected in that year and no certificate for exemption of donations for that year will be issued.
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