Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Expansion Project - purchase of equipments for increasing number of free eye surgeries and running of Hospital at Village, Gujarat by Lions Club of Karnavati Foundation

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..... AC of the Income-tax Act, 1961, the Central Government had specified for Expansion Project - purchase of equipments for increasing number of free eye surgeries and running of Hospital at Village, Gujarat by Lions Club of Karnavati Foundation NOTIFICATION NO. 43/2007, DATED 15-2-2007 S.O.244(E) - Whereas by notification of the Government of India in the Ministry of Finance .....

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..... the said project or scheme is likely to extend beyond six 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 of three years; .....

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