Exemption u/s 35AC - Central Government had specified for purchase of equipment and running of hospital projects by Sankar Foundation, MaharajaTowers, Visakhapatnam, as an eligible project or scheme

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..... ts by Sankar Foundation, Maharaja Towers , Visakhapatnam , as an eligible project or scheme NOTIFICATION NO. 30(E) DATED 10-1-2001 Whereas by notification of the Government of India in the Ministry of Finance Number S. O. 549(E), dated 2nd July, 19982 issued under clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government .....

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..... ith clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of purchase of equipment and running of hospital projects at Visakhapatnam, Andhra Pradesh, which is being carried out by Sankar Foundation, Flat No. 38, D. No. 7-8-23-1(13), Maharaja Towers, Visakhapatnam-530003, at the estimated cost of rupees one crore four lakhs .....

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