Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Running of hospital, purchase of equipments and welfare activities at Vadnagar, Mehsana District, Gujarat, by Karuna Setu Trust - 318/2002 - Income Tax Act, 1961
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Specification of eligible project under section 35AC: trust hospital scheme extension and revised project cost approval. Specification under Explanation to section 35AC designates the Karuna Setu Trust's hospital, equipment purchase and welfare activities at Vadnagar, Mehsana District, Gujarat, as an eligible project; the National Committee recommended further specification and an upward amendment of the project cost, and the Central Government amended the earlier notification to substitute the prior maximum allowable cost with a revised higher amount including an increased corpus fund.
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Specification of eligible project under section 35AC: trust hospital scheme extension and revised project cost approval.
Specification under Explanation to section 35AC designates the Karuna Setu Trust's hospital, equipment purchase and welfare activities at Vadnagar, Mehsana District, Gujarat, as an eligible project; the National Committee recommended further specification and an upward amendment of the project cost, and the Central Government amended the earlier notification to substitute the prior maximum allowable cost with a revised higher amount including an increased corpus fund.
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