Exemption u/s 35AC – Amendments in Notification no. SO 92(E), dated the February 2, 1996- projects of 'Conduct eye operation, polio operation camps, oxygen cylinder seva and ambulance service all over Gujarat' by Karuna Trust, Ahmedabad

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..... -2008 Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number SO 92(E), dated the February 2, 1996, issued under clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 5, 'Conduct eye operation, polio operation camps, oxygen cylinder seva and ambulan .....

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..... Rs. 94 lakh to Rs. 128 lakh; And whereas the said project or scheme is likely to extend beyond twelve years; And, whereas, the National Committee for the 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 extending the said projec .....

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..... uring this financial year and no certificate for exemption of donation under section 35AC(1) of the Income-tax Act, 1961 shall be issued in respect of the financial year 2007-08; and ( b ) further amends the said notification number SO 92(E), dated the February 2, 1996, to the following effect, namely :— In the said notification, in the Table against serial number 5, in column (4), rela .....

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