Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for purchase of equipments and instruments and running of hospital at Balasinor, Kheda, Gujarat, by Kacheria Mojilal Gordhandas General Hospital Trust - 217/2002 - Income Tax Act, 1961
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Section 35AC eligibility extended for hospital equipment and running scheme in Balasinor, reaffirming tax-incentive project status. Section 35AC tax-exemption eligibility is extended for the purchase of equipments and instruments and running of a hospital at Balasinor by Kacheria Mojilal Gordhandas General Hospital Trust; the National Committee recommended the extension after finding the project properly executed, and the Central Government specified the scheme as eligible for a further three-year period commencing with assessment year 2003-2004.
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Section 35AC eligibility extended for hospital equipment and running scheme in Balasinor, reaffirming tax-incentive project status.
Section 35AC tax-exemption eligibility is extended for the purchase of equipments and instruments and running of a hospital at Balasinor by Kacheria Mojilal Gordhandas General Hospital Trust; the National Committee recommended the extension after finding the project properly executed, and the Central Government specified the scheme as eligible for a further three-year period commencing with assessment year 2003-2004.
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