Exemption u/s 35AC - Central Government had specified for ambulance van and medicines for B.M.B. Sarvajanik Hospital by Shree Veda Govindpura Sarvajanik Davakhanu, North Gujarat, as an eligible project or scheme - 511(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for ambulance van and medicines for B.M.B. Sarvajanik Hospital by Shree Veda Govindpura Sarvajanik Davakhanu, North Gujarat , as an eligible project or scheme NOTIFICATION NO. 511(E) DATED 26-5-2000 Whereas by notification of the Government of India in the Ministry of Finance Number S. O. 198(E), dated 12th March, 1998, issued under 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 4, ambulance van and medicines for B.M.B. Sarvajanik Hospital at village Veda, Taluka Kalol, District Mehsana, Gujarat, by Shree Veda Govindpura Sarvajanik Davakhanu, Village Veda, Taluka Kalol, via-Nardipur, District Mehsana, North Gujarat-382 735, as an eligible project or scheme for a period of three years beginning with the assessment year 1998-99. And whereas the said project or scheme is likely to extend beyond three 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 for a further period of three years ; 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 specifies the scheme or project of ambulance van and medicines for B.M.B. Sarvajanik Hospital at village Veda, Taluka Kalol, District Mehsana, Gujarat, which is being carried out by Shree Veda-Govindpura Sarvajanik Davakhanu, Village Veda, Taluka Kalol, via-Nardipur, District Mehsana, North Gujarat-382 735, at the estimated cost of rupees seven lakhs eight-seven thousand only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002. [No. 11394/F. No. NC-37/2000]