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    <title>Exemption u/s 35 AC - Central Government had specified for conduct eye operation, polio operation, camps, oxygen cylinder seva and ambulance service all over Gujarat of Karuna Trust, Ahmedabad as an eligible project or scheme</title>
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    <description>The Central Government, under section 35AC of the Income-tax Act, specified Karuna Trust&#039;s scheme of eye operations, polio operations, camps, oxygen cylinder seva and ambulance service across Gujarat as an eligible project for tax exemption, following a National Committee recommendation that the project is being properly executed. The notification fixes the estimated project cost at ninety-four lakhs and extends the scheme&#039;s eligibility for a further three assessment years commencing from assessment year 1999-2000.</description>
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      <description>The Central Government, under section 35AC of the Income-tax Act, specified Karuna Trust&#039;s scheme of eye operations, polio operations, camps, oxygen cylinder seva and ambulance service across Gujarat as an eligible project for tax exemption, following a National Committee recommendation that the project is being properly executed. The notification fixes the estimated project cost at ninety-four lakhs and extends the scheme&#039;s eligibility for a further three assessment years commencing from assessment year 1999-2000.</description>
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