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Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Purchase of vehicles and running of medical services for cancer patients at Ahmedabad, Gujarat, by Gujarat Cancer Dardi Seva Trust - 254/2002 - Income TaxExtract Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Purchase of vehicles and running of medical services for cancer patients at Ahmedabad, Gujarat , by Gujarat Cancer Dardi Seva Trust Notification No. 254 of 2002 Dated 10th Sept., 2002 Whereas by notification of the Government of India in the Ministry of Finance number S.O. 832(E) dated the 18th September, 1998, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 196l (43 of 1961), the Central Government had specified at serial number 9, for Purchase of vehicles and running of medical services for cancer patients at Ahmedabad, Gujarat, by Gujarat Cancer Dardi Seva Trust, Golden Triangle, 501, 5th Floor, Navrangpura, Ahmeaabad-380 014 as an eligible project or scheme for a period of three years beginning with assessment year 1999-2000; And whereas the said project or scheme is likely to extend beyond three 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 two 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 Purchase of vehicles and running of medical services for cancer patients Ahmedabad, Gujarat, which is being carried out by Gujarat Cancer Dardi Seva Trust, Golden Triangle, 501, 5th Floor, Navrangpura, Ahmedabad-380014, at the estimated cost of rupees twenty-one lakhs and fifty thousand plus a corpus fund of rupees twenty-five lakhs only as an eligible project or scheme for a further period of three years commencing from assessment year 2002-2003. F. No, NC-80/2002]
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