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    <title>Exemption u/s 35AC - Central Government had specified for Expansion Project-Purchase of equipments for increasing number of free eye surgeries and running of Hospital at Village-Ognaj, Gujarat, by Lions Club of Karnavati Foundation as an eligible project or scheme</title>
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    <description>Specification under section 35AC designates the Lions Club of Karnavati Foundation&#039;s Expansion Project for purchase of equipment to increase free eye surgeries and run a hospital at Village Ognaj as an eligible project for income-tax exemption, and the Central Government, on the National Committee&#039;s recommendation, extends that specified status for a further three-year period commencing with assessment year 2004-2005, noting the project&#039;s estimated cost including a corpus fund.</description>
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      <description>Specification under section 35AC designates the Lions Club of Karnavati Foundation&#039;s Expansion Project for purchase of equipment to increase free eye surgeries and run a hospital at Village Ognaj as an eligible project for income-tax exemption, and the Central Government, on the National Committee&#039;s recommendation, extends that specified status for a further three-year period commencing with assessment year 2004-2005, noting the project&#039;s estimated cost including a corpus fund.</description>
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