Exemption Under Section 35AC(1 )-Running and Maintenance of Sri Sathya Sai Institute of Higher Medical Sciences at Prasanthigram (Andhra Pradesh) and at Whitefield, Bangalore (Karnataka),Running and Maintenance of Sri Sathya Sai Mobile Hospital,Building a corpus fund for the Trust by Sri Sathya Sa

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Section 035AC
IT
Section 35AC(1)-"(i) Running and Maintenance of Sri Sathya Sai Institute of Higher Medical Sciences at Prasanthigram (Andhra Pradesh) and at Whitefield, Bangalore (Karnataka), (ii) Running and Maintenance of Sri Sathya Sai Mobile Hospital, (iii) Building a corpus fund for the Trust" by Sri Sathya Sai Medical Trust, Brindavan, Kadugodi Post, Bangalore VII NOTIFICATION .....

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..... period of three years beginning with the financial year 2007-08 and which was further extended vide Notification No. S.O. 1148(E) dated 17th May 2010, for a period of three years beginning with the financial year 2010-11, i.e., 2010-11, 2011-12 and 2012-13; AND WHEREAS the said project or scheme is likely to extend beyond three years; AND WHEREAS the National Committee for Promotion of Social an .....

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..... tenance expense and Rs. 100 crores towards corpus fund. 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), hereby notifies that the scheme or project "(i) Running and Maintenance of Sri Sathya Sai Institute of Higher Medical Sciences at Prasanthigram (Andhr .....

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