U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Lions Comprehensive Eye Care Foundation, Maharashtra

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..... th May, 1998, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, for Construction of building for expansion of hospital purchase of equipments, vehicle, furnishing and running of Eye Hospital at MIDC, Miraj, Sangli, District of Maharashtra by Lions Comprehensive Eye .....

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..... 12-13; AND WHEREAS the said project or scheme is likely to extend beyond fifteen years; AND WHEREAS the National Committee for Promotion of Social and Economic Welfare, 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 for a further period .....

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