Exemption u/s 35AC - Central Government had specified for Rural Mobile Clinic of Hindu Mission Hospital and Rural Outreach programme at rural villages around Tambaram, Tamil Nadu of Hindu Mission Hospital, Tamil Nadu as an eligible project or scheme - S. O. 425(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for Rural Mobile Clinic of Hindu Mission Hospital and Rural Outreach programme at rural villages around Tambaram, Tamil Nadu of Hindu Mission Hospital, Tamil Nadu as an eligible project or scheme NOTIFICATION NO. S. O. 425 ( E ) DATED 19-5-1998 Whereas by Notification Number S. O. 206(E), dated 17th March, 1997, 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 23, Rural Mobile Clinic of Hindu Mission Hospital---A Rural Outreach programme at rural villages around Tambaram, Tamil Nadu of Hindu Mission Hospital, 36, G. S. T. Road, Tambaram West, Chennai, Tamil Nadu-600 045 as an eligible project or scheme for a period of two years beginning with the assessment year 1997-98; And whereas the said project or scheme is likely to extend beyond two 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-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 Rural Mobile Clinic of Hindu Mission Hospital---A Rural Outreach programme at rural villages around Tambaram, Tamil Nadu of Hindu Mission Hospital, 36, G. S. T. Road, Tambaram West, Chennai, Tamil Nadu-600 045 at the estimated cost of rupees thirty lakhs only as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1999-2000. [No. 10602/F. No. NC-29/98]