U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On β Lions Comprehensive Eye Care Foundation, Maharashtra
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Eligible project specification under section 35AC extended for continued expansion and operation of the Miraj eye hospital.
The Central Government, exercising powers under Section 35AC of the Income-tax Act, specifies the Lions Comprehensive Eye Care Foundation's project for construction, equipment purchase, vehicle procurement, furnishing and running of an eye hospital at MIDC, Miraj, Sangli, Maharashtra, as an eligible project for tax purposes. The specification extends eligibility for a further three-year period beginning with the financial year 2013-14 and is granted without any change in the previously approved project cost.