Exemption u/s 35AC – Amendments in Notification no. SO 791(E), dated the September 8, 1995 projects of 'Maintenance of S.J. Patel Sarvajanik Hospital at Paliad, Tal Kalol District Mehsana, Gujarat' by Gramya Vikas Mandal, Paliad

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..... Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number SO 791(E), dated the September 8, 1995, issued under 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 6, 'Maintenance of S.J. Patel Sarvajanik Hospital at Paliad, Tal Kalol District Mehsana, .....

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..... .66 lakh to Rs. 25 lakh and vide notification number SO 548(E), dated the June 20, 2001 the estimated cost was further enhanced from Rs. 25 lakh to Rs. 41.50 lakh and vide notification number SO 377(E), dated the March 19, 2004 the estimated cost was further enhanced from Rs. 41.50 lakh to Rs. 56.50 lakh; And whereas the said project or scheme is likely to extend beyond twelve years; And w .....

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..... ehsana, Gujarat for a period of three more years beginning with financial year 2007-08. However, since the financial year 2007-08 has already elapsed, the approval shall not be valid for financial year 2007-08 in respect of funds collected during this financial year and no certificate for exemption of donation under section 35AC(1) of the Income-tax Act, 1961 shall be issued in respect of the .....

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