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Exemption u/s 35AC - Central Government had specified regarding Construction, equipments with all amenities of Vrudhashram and Eye Hospital at Sachina by Shri Hari Public Charitable Trust as an eligible project or scheme - 234/2003 - Income Tax Act, 1961
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Tax exemption under section 35AC extended for construction and equipping of a charitable Vrudhashram and Eye Hospital project. The Central Government specified the construction, equipment and amenities project for a Vrudhashram and Eye Hospital at Sachina by Shri Hari Public Charitable Trust as an eligible project for a further three-year period following a National Committee recommendation that the project is being executed properly, thereby extending the period during which exemption under the relevant income tax provision applies to expenditures or donations made to that specified project.
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.
Tax exemption under section 35AC extended for construction and equipping of a charitable Vrudhashram and Eye Hospital project.
The Central Government specified the construction, equipment and amenities project for a Vrudhashram and Eye Hospital at Sachina by Shri Hari Public Charitable Trust as an eligible project for a further three-year period following a National Committee recommendation that the project is being executed properly, thereby extending the period during which exemption under the relevant income tax provision applies to expenditures or donations made to that specified project.
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