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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Central Government Extends Tax Exemption for Ahmedabad Polio Hospital Project by Three Years u/s 35AC.</h1> The Central Government, under section 35AC of the Income-tax Act, 1961, has extended the eligibility of the project involving equipment and operations of a Polio Hospital in Ahmedabad, Gujarat, by a charitable trust for an additional three years, starting from the assessment year 2003-2004. This decision follows a recommendation by the National Committee, acknowledging the project's proper execution. The project, initially approved in 1996 and extended in 1999, is carried out by a charitable trust and is estimated to cost 71.05 lakh rupees.
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