Exemption u/s 35 AC - Central Government had specified for renovation and updating of existing 747 bedded K. J. Mehta T. B. Hospital including additions and furnishing/replacement of old furniture, and construction of new staff quarters Gujarat, as an eligible project or scheme

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....t had specified for renovation and updating of existing 747 bedded K. J. Mehta T. B. Hospital including additions and furnishing/replacement of old furniture, and construction of new staff quarters Gujarat, as an eligible project or scheme NOTIFICATION NO. S.O.265(E) DATED 27-3-1997 Whereas by notification number S. O. 194(E), dated 13th March, 1995, issued under clause (b) of the Explanation....

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....is being executed properly, made a further 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 clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme of S....