Exemption u/s 35AC of the Income tax act 1961, the central govt. had specified for "Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, District Mehsana, Gujarat" by Smt. Savitaben Ramanlal Dahyalal Shah as an eligible project or scheme - S.O. 1472(E) - Income Tax

Exemption u/s 35AC of the Income tax act 1961, the central govt. had specified for "Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, District Mehsana, Gujarat" by Smt. Savitaben Ramanlal Dahyalal Shah as an eligible project or scheme Notification No. S.O. 1472(E) [F.No. NC-274/09/2008] Dated 17-6-2008 Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.1084(E) dated the 11th October, 2002, 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 notified at serial number 3, "Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, District Mehsana, Gujarat" by Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital Prashutigruh Trust, At PO Ambasan, Ta District Mehsana-384 435, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 2003-04 and which was extended further vide notification number S.O.1010(E) dated the 5th July, 2006 for a period of two years beginning with financial year 2006-07; And whereas the said project or scheme is likely to extend beyond five years; And, whereas, the National Committee for the Promotion of Social and Economic Welfare, 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 extending 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 notifies the scheme or project "Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, District Mehsana, Gujarat" being carried out by Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital Prashutigruh Trust, At PO Ambasan, Ta District Mehsana-384 435, Gujarat, without any change in the approved cost of Rs. 63.75 lakh including a corpus fund of Rs. 28.00 lakh, as an eligible project or scheme for a further period of three years beginning with financial year 2008-09.