Exemption u/s 35AC -Approves various institutions as an eligible project or schemes
X X X X Extracts X X X X
X X X X Extracts X X X X
....n (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee, hereby specifies the eligible projects and schemes and estimated cost thereof as mentioned in column (3) of the Table below to be undertaken by the company specifies in the corresponding entry in column (2) of the said tab....
X X X X Extracts X X X X
X X X X Extracts X X X X
....linical test for a period of three years; (b) provide free diagnosis for three years to 25 per cent. of the total patients with a family income not exceeding Rs. 12,000 per annum; and (c) allow a rebate of 20 per cent. on the cost of medical treatment for three years to 25 per cent. of the total patients having family income between Rs. 12,000 to Rs. 18,000 per annum. Rs. 62 lakhs 2. ....
TaxTMI