Exemption u/s 35AC - Central Government had specified for Construction of building, purchase of equipments and running of hospital at Vaso, Nadiad, by Vaso Arogya Mandal as an eligible project or scheme

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..... nts and running of hospital at Vaso, Nadiad, by Vaso Arogya Mandal as an eligible project or scheme Notification No. 154 of 2003, dt. 13th June, 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 December, 1997, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC .....

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..... ome-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 36AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of Construction of building, purchase of Equipments and running of .....

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