Exemption u/s 35AC - Central Government had specified regarding construction of and running of hospital at MountAbu, District Sirohi, Rajasthan by Global Hospital and Research Centre as an eligible project or scheme

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....at MountAbu, District Sirohi, Rajasthan by Global Hospital and Research Centre as an eligible project or scheme Notification No. 229/2003 Dated 29th September, 2003 S.O.1126(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.0.698(E) dated the 3rd October, 1997, issued under sub-section (1) read with clause (b) of the Explanation ....

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....recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construct....