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Exemption u/s 35AC - Central Government had specified regarding Construction of building, Modernisation of existing hospital, at Maharashtra, by Dr. M.L. Dhawale Memorial Trust as an eligible project or scheme

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..... rnisation of existing hospital, at Maharashtra , by Dr. M.L. Dhawale Memorial Trust as an eligible project or scheme Income Tax Notification No. 238/2003 Dated 29 th September. 2003 S.O. 1135 - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.0.862(E) dated the 12 th December, 1997, issued under sub-section (1) .....

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..... 1 for a period of three years beginning with assessment year 2001-2002; And whereas the said project or scheme is likely to extend beyond six 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 .....

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