Exemption u/s 35AC - Central Government had specified for construction of building for expansion of hospital, purchase of equipments, vehicle, furnishing and running of Eye by Lions Comprehensive Eye Care Foundation, Miraj, Maharashtra, as an eligible project or scheme

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....ecified for construction of building for expansion of hospital, purchase of equipments, vehicle, furnishing and running of Eye by Lions Comprehensive Eye Care Foundation, Miraj, Maharashtra, as an eligible project or scheme NOTIFICATION NO. S.O.1212(E) DATED 12-12-2001 Whereas by notification of the Government of India in the Ministry of Finance Number S. 0. 422(E), dated the 19th May, 1998, i....

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....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 construction of building fo....