Exemption u/s 35AC - Central Government had specified for construction of fully equipped hospital named as Ramco Apollo diagnostic Centre, Tamil Nadu as an eligible project or scheme

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....ntre, Tamil Nadu as an eligible project or scheme NOTIFICATION NO. S. O. 433(E) DATED 20-5-1998 Whereas by Notification Number S. O. 267(E), dated 29th March, 1994, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 14, construction of fully equipped hospital named ....

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....er extended for a period of two years, i.e., assessment years 1996-97 and 1997-98, vide S. O. No. 180(E), dated 9th March, 1995; And whereas the said project or scheme is likely to extend beyond four years; And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-ta....