Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Purchase of equipments and running of hospital projects at Visakhapatnam, Andhra Pradesh, by Sankar Foundation

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..... Purchase of equipments and running of hospital projects at Visakhapatnam , Andhra Pradesh, by Sankar Foundation Notification No. 246 of 2002, dt 10th Sept, 2002 . Whereas by notification of the Government of India in the Ministry of Finance number S.O. 549(E) dated the 2nd July, 1998, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income .....

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..... come-tax Rules, 1962, for specifying the said project or scheme for a further amending the project cost from Rs. 104.51 lakhs to Rs. 364.55 lakhs; 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),-- (a) hereby specifies the scheme or project of Purch .....

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