Exemption u/s 35AC - Central Government had specified for purchase and running of Willingdon Hospital, Chennai, Tamil Nadu by Medical Research Foundation as an eligible project or scheme - Amendment in N. No. S.O. 862(E) dated the 12th December, 1997

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..... or purchase and running of Willingdon Hospital, Chennai, Tamil Nadu by Medical Research Foundation as an eligible project or scheme - Amendment in N. No. S.O. 862(E) dated the 12th December, 1997 Notification No. 68 of 2003, dt. 31st March, 2003 . Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 862(E) dated the 12th Decemb .....

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..... ndation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for further amending the approved cost from Rs. 1200 lakhs to Rs. 1800 lakhs; 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),-- ( a ) h .....

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